E-Consignment Business -DC Metro Area - Motivated Seller!

North Potomac, MD (Montgomery County)

Seller Financing Available
E-Consignment Business -DC Metro Area - Motivated Seller!
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Asking Price: Get Financing: $279,500

Cash Flow: $141,000

Gross Revenue: $394,000

EBITDA: N/A

FF&E: $40,000

Inventory: $2,000*

Lease Rate: N/A /SF

Established: 2005

*not included in asking price.

E-Consignment Business -DC Metro Area - Motivated Seller!

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Business Description

Asking price just reduced! EXTREMELY RARE resale of a very well established and highly profitable e-commerce on-line sales and e-consignment business currently affiliated with one of the top names in on-line retailing.

Currently in its 14th very successful year, this neat little, on-line, niche business has developed a wide following of regular, satisfied customers including individuals, small businesses, and fundraising organizations throughout the Washington, DC metropolitan area and has successfully served over 8,300 customers since its current owner and founder opened for business in the fall of 2005. This business has multiple lucrative revenue streams already in place and many others that are either just being implemented or currently under development allowing for tremendous future growth potential in a highly untapped marketplace with very limited direct competition for many years to come.

This unique business offers a number of additional benefits to prospective buyers:
Large, built-in customer base with roughly 80% from existing/repeat customers.
In excess of $100K fixed price (Buy-It-Now) inventory on e-consignment included in asking price.
Fun, feel-good business with reasonable hours, closed on Sundays allowing for an excellent work/life balance!
No accounts receivables.
Almost no cash management: about 99% of payments are electronic.
Professional store website, email marketing campaigns, branding initiatives, favorable vendor relationships already established.
Very limited competition: no other comparable businesses in the area.
Database with 8,300+ active customers!
Excellent, well established location in very high population density area.
Scale-able: Purchase price includes full rights to open two additional locations in neighboring markets with no additional franchise fees!
Buyer has the option to maintain the current franchise affiliation under a recently negotiated licensing agreement or operate independently.

For more information on this truly unique, fun and easy to operate, very profitable business opportunity, please contact the broker via the contact function provided by this website to request a confidentiality agreement.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1800 SF in an excellent, well established, fully leased retail center with multiple other successful businesses that draw very high traffic to the center in very high population density area. Opportunity for new owner to negotiate attractive, new, long-term lease terms.
Competition:
There is very limited direct competition in the immediate area. This business is the only dedicated e-commerce store within its local market. There are a few independent e-commerce stores in surrounding DC metro areas but none of which compete with the volume of customers that this business enjoys!
Growth & Expansion:
This business has multiple, lucrative revenue streams already in place and many others that are either just being implemented or currently under development allowing for tremendous future growth potential in a highly untapped marketplace with very limited direct competition.
Financing:
Dependent on buyer strength
Support & Training:
Current owner and founder will provide for a smooth ownership transition period and full training will be provided by the parent franchise company should buyer wish to renew the franchise relationship.
Reason for Selling:
Other Business & Personal Interests
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(from currently available funds)
 
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James King

Business Listed By:
Jim King

King & King Business Advisors

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