Ecommerce Business Earns $1M Net CY 2012
Location Florida,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $2682000
Net Profit / Cash Flow $1297000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Two week transition. Additional transition time negotiable.
Reason for Sale Refer to separate confidential information memorandum provided under NDA.
Description This profitable, growing, eCommerce business has developed multimillion $ revenue by establishing a distinct brand identity, building passionate customer loyalty, developing reliable suppliers, and by creating a fast, efficient fulfillment system. The business is national and international in scope with most sales in the U.S.
2012 revenues were $2.68M, generating a net operating income of $1M (38% operating margin) and $1.3M seller discretionary earnings after adjusting for one-time 2012 restructuring and legal expenses. The business operates autonomously and only requires several hours a week to manage operating systems in place. It has virtually no overhead, requires minimal personnel, and can be relocated anywhere with high-bandwidth Internet access. Fulfillment is contracted to third-party companies in the U.S. and Canada.
Business can be expanded in the U.K., European, Australian, Latin American, and South American markets using the recently started Canadian business entity as the expansion model.
Assets of the Non-U.S. Corporation and Canadian business entity are included in this sale.
The ideal buyer has previously operated one or more successful multi-million $ businesses. Prior ecommerce or software experience is recommended. Minimum cash injection required to qualify for seller financing is $3M U.S. Interested parties will be requested to execute a confidentiality agreement and provide a personal bio and a financial statement prior to receiving the confidential information memorandum. Please do not inquire if you do not meet these criteria.
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