This web based adult novelty store possesses many of those qualities that buyers seek in a small business. It's web-based, could be managed from home, may be deemed to be somewhat relocatable, & if adult novelties are of interest to you, then it may be viewed as extraordinarily sexy. More importantly, the company has experienced fantastic growth in 2013 & just set a monthly sales record!
Asking Price $555,000
The online end of the business can be remotely monitored; the shipping & distribution portion of the business is managed out of a spare room in a retail location, but could be similarly operated out of a garage, storage space, or alternate vacant space. Much of the product is drop shipped directly from distributors, or is overseen from the distributor's nearby San Fernando Valley locations.
Due to its nature of product & online business model, a great deal of competition exists. This firm, however, has been established for nearly 10 years & is able to offer customers over 6,000 individual items (sku's). The company boasts stellar pricing & shipping rates, largely due to their volume & established history without relying on vendor credit, attention to detail, customer service, order accuracy & discretion.
The firm does not engage in search engine optimization (SEO), automatic price adjustment spider software, public relations, or traditional magazine or other print advertising but they could also benefit from these highly effective traditional promotion and pricing strategies. They could also adjust their free shipping minimum to either promote additional sales, or to make shipping a profit center. Alternately, they may also encourage sales by accepting Paypal or alternate payment methods to facilitate orders to the large population of non credit or debit card holders.
The store could be coupled with a brick & mortar operation, as the retail store would benefit from this firm's volume purchasing discounts.