Listing ID: 80732
Massive growth potential for a buyer and incredible seller financing terms available with just $100k down payment!
Seller is liquidating his portfolio of online businesses. Included in the sale is two eBay stores with outstanding and long-standing seller accounts, a Walmart store, an Amazon store, a wholesale business, and company website. They primarily focus on selling home electronics as well as car audio and electronics.
Business is currently doing about $2.2 million a year in sales and 520k in gross profit. Net is currently around 250k for an active owner however there’s massive room for growth by adding more products to each of his stores. For example one of his eBay stores is over 20 years old and because it is so well-established and has such a high seller rating, he is able to list up to $2 billion worth of product on his store at one time. Currently he is nowhere near this number however if a new buyer was to take over and hire an employee from the Philippines to do product research full time, they could grow the store exponentially with very minimal additional cost.
Seller wants to ensure a seamless transition for the buyer and is willing to stay on and train as much as needed and may even be willing to stay on and work in the business for a limited amount of time post closing.
Seller is motivated and looking for a quick sale. If you are interested please call or text Mitchell @ 360-949-2161
- Asking Price: $500,000
- Cash Flow: $250,000
- Gross Revenue: $2,200,000
- EBITDA: $193,710
- FF&E: N/A
- Inventory: $15,000
- Inventory Included: Yes
- Established: 2000
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Can be run from your home or small office (Home Based)
Absolutely, seller wants to ensure buyer's success
This Business Is Home Based
The business was established in 2000, making the business 22 years old.
The transaction will include inventory valued at $15,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell companies. Nonetheless, the genuine reason and the one they say to you might be 2 absolutely different things. As an example, they may claim "I have a lot of various obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competition, current reduction in earnings, or an array of various other factors. This is why it is extremely vital that you not count absolutely on a vendor's word, yet instead, use the seller's solution together with your overall due diligence. This will paint an extra reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses finance loans with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that profit margins are too tight. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in brand-new consumers? Often times, operating businesses have repeat clients, which form the core of their daily profits. Specific aspects such as new competitors growing up around the area, roadway building, as well as staff turnover can affect repeat customers and negatively affect future profits. One vital thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the greater the chance to construct a returning consumer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the local typical household earnings influence future revenue prospects?