Handy Hobbies, A Crafty Way To Make Money Online!

Overview

Internet Retailer of Specialized Craft & Hobby Supplies & Equipment Internet Business Guide Listing #7160 Status: SOLD Days On Market: 25 Sale Price: $ Not Disclosed Business Type: NAICS 464111 Business Category: Etailer Business Name: NDA Business Web Site: NDA Asking Price: $ Make Offer Down Payment: $400,000 Gross Sales: $3,278,960 Cash Flow (or SDE): $542,124 Asking Price As Multiple of Cash Flow n/a Year Established: Not Disclosed FF&E: $ N/A Inventory: $ Not Disclosed Employees: 4 Absentee Owner: No

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Business Summary

High Growth Rate, Very Profitable, Internet Retailer of Specialized Craft & Hobby Supplies used by artists, enthusiasts, schools, and recreational and commercial users available for purchase. This Internet Retailer has had annual revenues and cash flow since 2002. This Internet Business Opportunity For Sale buys products from a variety of industry leading manufacturers and then retails them through their website. Basically a cash business other than sales to schools, which generates accounts receivable. Products have long shelf lives and no obsolescence factor, and their inventory turns rapidly. Business operates with just 4 employees, plus the owner. Company is relocatable from its present location. Owner’s Income from the business from 2002 to 2007 has been: Year Gross Sales Cash Flow 2002 $839,000 $97,167 2003 $1,246,000 $236,746 2004 $1,926,000 $287,167 2005 $2,355,739 $357,793 2006 $2,893,000 $420,365 2007 $3,278,960 $542,124 2008 Projected $3,700,000 $640,000

Facilities: NOT a home based business opportunity

Financing: Negotiable

Training: Negotiable

Reason Selling: Owner has health issues and desires to do other things

Listed By: Acquisition Services Group
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Sold Comparable: Distributor of Equipment and Software Schools

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