| Overview |
 Internet Business Opportunity -Bedding
Internet Business Guide Listing #8109 |
| Status: |
Off Market |
| Internet Business Type: |
NAICS 464111 |
| Internet Business Category: |
Etailer |
| Internet Business Name: |
NDA |
| Internet Business Web Site: |
NDA |
| Asking Price: |
$133,950 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$387,404 |
| Cash Flow (or SDE): |
$ 67,438 |
| Asking Price As Multiple of Cash Flow |
2 |
| Year Established: |
2004 |
| FF&E: |
$ N/A |
| Inventory: (not included in the asking price) |
$12,000 |
| Employees: |
1 pt |
| Absentee Owner: |
No |
|
| Business Summary |
Profitable bedding product Internet Business Opportunity for sale. This online business is an upscale online retailer that was opened in late 2004 by an SEO and Web marketing expert. Like many internet retailers, this business was started as a side project. In the first year itself, business quickly grew requiring owner to quit her job to focus on it full-time and moving from a home based operation to a warehouse. For next several years this online businessexperienced huge growth grossing more than 1.3 million in 2007. Sales were driven by the careful selection of a fashion-forward product mix of designer bedding, pillows and related products. These products have appeal to a very trend-conscious urban consumer in a strong niche market. In Jan 2010, owner s husband passed away that has ultimately lead to a difficult decision by owner to sell her business.After the death of her husband, the owner has gradually moved all operations to a 3rd party fulfillment warehouse as well as converted to a drop-ship model. This has resulted in streamlined lean online business that is extremely easy to manage. Current business is more than 75% drop-ship and 25% managed by outsourced warehouse provider. Even after economic downturn from 2008-2010 and passing of owner s husband that resulted in loss of interest from owner, as well as challenges faced by converting from self-managed model to drop-shipped and outsourced model, this business generated strong profit of $67,438 in year 2010.
As a result of streamlined operation and very little overhead, 1st Qtr 2011 P&L statement shows $23,500 of net profit . It is hard to find a seven year old established Internet Business Opportunity with proven track record, Top domain name, solid natural search engine traffic, excellent product selection and loyal customer base at this price in this crowded internet space. This will not last long. |
|
Facilities: Internet Home Business Opportunity
Financing: $88,950 down payment + $45,000 owner financed @5.25% for 24 months
Training: Seller will provide reasonable training to buyer in all aspects of running this business
Reason Selling: Selling: owner’s husband passed away in 2010
Listed By: buysellebiz
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