| Overview |
Dropshipping Program For Funky Furniture
Internet Business Guide Listing #7458 |
| Status: |
Off Market |
| Business Type: |
NAICS 464111 |
| Business Category: |
Etailer |
| Business Name: |
NDA |
| Business Web Site: |
NDA |
| Asking Price: |
$159,500 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$264,635 |
| Cash Flow (or SDE): |
$51,406 |
| Asking Price As Multiple of Cash Flow |
3.1 |
| Year Established: |
2001 |
| FF&E: |
$ N/A |
| Inventory: (Included In Asking Price) |
$2,000 |
| Employees: |
0 |
| Absentee Owner: |
No |
|
| Business Summary |
Well known Dropship Program modern and funky online furniture retailer that was started in 2001 that is a drop ship only business requiring absolutely NO OVERHEAD. Can be run from anywhere in as little as 20 hours per week. Website gets 50,000 visits, 18,000 unique visitors, and 1.5+ Million hits per month. It is currently ranked top 5 in several key phrases on Google. Customers instantly recognize the Dropship Program products and there is a strong and loyal following of the types of products the company sells. Company has 8,100 people on its email list and over 100 businesses that have purchased from it in the past.
This Dropship Program Business has NO overhead and takes as little as 10-20 hrs per week to run. All of its customers comes from search engines, so there is a lot of room to grow the business with more time. Excellent record keeping and verifiable financials including tax returns. The owners were essentially absent from working on the business for the first 5 months of 2008 because of health issues, family emergencies and because of juggling full time jobs and they are looking to sell the business to focus on these priorities. |
|
Facilities: Internet Home Business Opportunity
Competition: Seller selling unique items that not many other companies sell. They have a very catchy URL and a significant amount of traffic that comes to site. They get 50,000 visits per month to the site through high search rankings and from being in business for over 7 years. Loyal customers and get a lot of business through word of mouth.
Growth: Strong opportunity of improving small existing eBay presence. With all suppliers and dropshippers in place, adding a new revenue stream by opening an amazon storefront will be a breeze. Significant expansion possibilities by promoting directly to interior designers and tradeshows which makes up a large part of this industry.
Financing:Owner is willing to finance 30% of purchase price with 24 month term at 8% interest rate.
Training: Seller is flexible to provide mutually agreeable training to buyer.
Reason Selling: Seller has full time job.
Listed By: Broker
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