Established Profitable Drop Ship Internet Retailer
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $202044
Net Profit / Cash Flow $28823
Cash Flow Type EBITDA
Seller Finance No
Year Established 1989
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Description Founded in 1989 as a mail order business, company launched main Website in 2000, and now sells all of the latest As Seen on TV products, nutritional supplements, gifts, leather clothing, kitchen & housewares, consumer electronics, and small appliances. Target market is approximately 59% of all US online retail buyers.
In addition to its main Website, it operates several other sites, as well as sites on large third party marketplaces and major shopping engines. Automated data feeds have been developed for use in marketing with all 1st and 2nd tier search engines and comparison shopping engines. It also operates a category-leading affiliate program, currently available on two leading affiliate networks.
Company has negotiated agreements and discounted pricing with various suppliers, covering over 300,000 products, to drop-ship 100% of orders directly to customers, eliminating any inventory or warehousing costs. This model is combined with a significant use of technology to highly automate operations. Company is currently operated by one person, has no payroll, is relocatable, and can be operated from home.
In 2007, company added 5,151 new customers, grew revenue by 54%, and increased pre-tax profit by 640%, while reducing advertising expenses by 41%. It currently has an opt-in newsletter subscriber list of over 5,500 customers.
Company has a tremendous growth opportunity. It has succeeded in attaining impressive growth rates with a minimal advertising budget, even in a poor economy. Aggressive and focused marketing will no doubt enable the company to far surpass its historical growth. This is a great opportunity for a larger online retailer to expand, or an individual who wants to operate and grow a successful home-based business. The Web properties developed and owned by this company are alone worth the $175,000 asking price. Please contact for confidentiality agreement and more information on this Internet Retail business for sale.
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