Internet-based Marine Parts Sales

Monroe, WA (Snohomish County) (Relocatable)

Internet-based Marine Parts Sales
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Asking Price: Get Financing: $145,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $350,000

Real Estate: N/A

Established: 1987

Internet-based Marine Parts Sales

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Business Description

This internet-based business sells marine parts and has an inventory worth approximately $350,000 at sale prices, and can easily run from a garage or low-cost industrial site. It buys new parts in bulk at reduced cost and re-sells on the internet. Products sell at approximately an 80% margin as compared to the usual 40% margin for the industry. Price includes website and domain names, Shopify and eBay store, and several thousand dollars of shipping, stocking, and sales supplies.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Facilities:
Currently located in a warehouse in Monroe, WA, but will need to be moved within a reasonable period of time.
Competition:
This business competes with retail marine parts sales, but the sell prices and overhead are much lower.
Growth & Expansion:
The company has generated about $5000 per month with the owner working only 8 hours a *week*. A new owner committing to 20-25 hours of work a week could realize sales of up to $10,000 to $15,000 a month. This template of online sales success could also support parts for other mechanical items, such as off-road vehicles, ski mobiles, etc.
Support & Training:
As agreed upon. Owner will provide advice on finding and buying additional parts.
Reason for Selling:
Retirement after 47 years in the marine business.
Business Website:
http://www.marinesurplus.com
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Fred Canada

Business Listed By:
Fred Canada

The Quincy Group

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