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SOLD - Ecommerce Jewelry Retailer – 10 Year History, Huge Growth Potential
- SELLER FINANCING AVAILABLE
This long established ecommerce retailer specializes in selling custom belt buckles, western jewelry and more. Founded in 2005, this business has a proven 10 year track record of strong cash flows and continues to thrive in 2016 with an average of 40% gross profit margins.
As one of the oldest online retailers within this niche, this business can easily be relocated to anywhere in the world and their attractive business model allows for a low working capital structure with hardly any fixed overhead expenses. With 8 reliable suppliers and a 20% repeat business rate, there are numerous growth opportunities that can easily be implemented with minimal upfront costs, including expanding the current product catalog, increasing marketing efforts and more.
With a proven track record of consistent financial performance that spans over a decade, this long established ecommerce retailer is the definition of a turnkey internet business and offers a substantial upside for overall return on investment.
- REVENUE $274,694
- NET PROFIT $75,145
- INVENTORY $15,000
- YEAR ESTABILISHED 2005
- FINANCING AVAILABLE Yes
- EMPLOYEES 1
- ASKING PRICE $225,000
- Source of Revenues: Ecommerce Retail Sales
- Annual Page Views: 178,985
- Repeat Customer Rate: 20%
- Avg. Gross Profit Margin: 39%
- Total Number of SKUs: 1000+
- Total Number of Suppliers: 8+
- Reason for Selling: Seller is Retiring