Leading Importer/ Wholesale Ecommerce Business
Location: Indiana > Northeast Indiana
Industry: Internet Related > E-Commerce and E-Tailers
Financials
Asking Price: $2,400,000
Gross Revenue: $3,300,000
Cash Flow: $580,000
Inventory: $870,000 (Included in Asking Price)
FF&E: $52,000 (Included in Asking Price)
Seller Financing: The seller is open to financing
Business Summary
This business imports a wide variety of general merchandise from China and sells it online to both consumers and wholesale accounts. The company has two people located in China that sources the merchandise from manufacturers. It then uses an established network to purchase and ship the containers to its 35,000 square foot warehouse. The inventory is then tagged and placed for sale on its website and Ebay. The company ranks in the Top 25 of all the sellers on Ebay and has almost 300,000 feedbacks. The business is entering its busy season (Oct thru March). The company is relocatable and it could be run by an off-site owner.
About the Business
Year Established: 2002
Employees: 4 full time -
Relocatable: Yes
Facilities: The company has a 35,000 sqaure foot wharehouse. They plan to relocated the business in April 2008.
Market Outlook and Competition: This is a very competitive market. However, the company has an excellent system in place and its COGS is significantly lower than most competiors due to its direct buying ability.
About the Sale
Management Training and Support: The seller will provide complete training and transition support.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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