Private Sale: Est. 2009, Only 20 Minutes/day, Web Managed, Organic

WA (Relocatable)

Private Sale: Est. 2009, Only 20 Minutes/day, Web Managed, Organic
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Asking Price: Get Financing: $800,000

Cash Flow: $72,000

Gross Revenue: $288,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2009

Private Sale: Est. 2009, Only 20 Minutes/day, Web Managed, Organic

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Business Description

Steady growth for over 9 years, selling due to end of partnership

*Please see attached document for detailed information on business workings, expansion possibilities, and valuation details. Full business information will be provided to interested parties after initial discussion and NDA is exchanged.

Established in 2009, our fitness eCommerce business operates unlike many other businesses. We hold a consumer monopoly with price protection set by the product manufacturer, yielding us a consistent 25-29% profit margin. Due to our holding key domain names (ie, www.nike.com for Nike) and a long term SEO plan, our cost of acquisition is nominal at approximately 8 cents per dollar. As the brand name has grown over the past 20 years, it is well known and respected in the industry.

The business is operated 100% online by one person, with central responsibilities being responding to customer queries and submitting orders for fulfillment (one click action). This equates to approximately 20 minutes of work each day, all of which can be performed on a smartphone. We sell one main product, with a few different variations of it, along with replacement parts.

We have a great working relationship with the manufacturer, and have seen growth for nearly a decade in this capacity.

Product and brand are kept confidential for privacy reasons.

All business assets, including manufacturer introduction and account transfers are included in the sale. A detailed explanation of the business transition is included in the attached document, as well as information on due diligence, and other relevant information.

Key points:

Business workings:
- Approximately 20 minutes a day of management
- All management performed online
- No inventory or fulfillment responsibilities
- Brick and mortar business without brick and mortar complications

Growth opportunities:
- Currently NO social media presence
- Currently NO social media advertising
- Currently NO email marketing
- Currently NO B2B efforts
- International domains owned, international retail operations limited
... and more.

History:
- Product line made in USA for over 20 years
- Strong consumer monopoly
- Sales revenue increasing organically year over year by approximately 15-20%
- Online retail business established 2009, operating successfully in an identical capacity for nearly a decade.

Revenue trends:
- Revenue has steadily increased from between 15-20% per year through natural organic growth
- Revenue in late 2016 increased substantially due to the addition of paid ads and other promotional and technical improvements.
- Revenue in 2018 is approximately 50% higher than 2017 year on year.

Reason for sale:
Partnership business, partnership has ended, both parties looking to exit.

Attached Documents


Detailed Information

Employees:
1
Facilities:
All domains, proprietary software, thousands of historical orders and customers, all accounts, statistics, and details on sales acquisitions as well as introduction to manufacturer. (Home Based)
Competition:
Other imported brands exist at either much higher price points, or at a much lower quality. There are no competing products made and sold in USA, and in that capacity we hold a consumer monopoly. We also hold key authority domains for the brand itself as authorized by the manufacturer.
Growth & Expansion:
Central opportunities lie in social media presence and marketing, email marketing, SEO expansion, B2B sales, and entering international markets. More details about this are available in the attached document.
Support & Training:
Full support, including technical, marketing, and other consultations will be provided for transitional, advisory, and consultancy periods respectively. More details about this are available in the attached document.
Reason for Selling:
Partnership business, partnership has ended, both parties looking to exit.
Home-Based:
This business is Home-Based
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Business Listed By:
Not Disclosed

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