| Internet Business Guide Review |
 Internet Business Guide is retained to represent the seller of this Online OpportunityAny information provided is confidential and for the exclusive use of the recipient. Internet Business Guide (Don Janke) is a business intermediary and receives information from Buyers and Sellers. Internet Business Guide has not verified this information and makes no representations or warranties as to its’ accuracy, completeness, or authenticity. |
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| Overview |
 Internet Business Opportunity – Fishfinders
Internet Opportunity Listing #8120 |
| Status: |
SOLD |
| Days On Market: |
120 |
| Sale Price: |
$35,000 |
| Internet Business Type: |
NAICS 464111 |
| Internet Business Category: |
Etailer |
| Internet Business Name: |
NDA |
| Internet Business Web Site: |
NDA |
| Asking Price: |
$44,000 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$72,615 |
| Cash Flow (or SDE): |
$16,910 |
| Asking Price As Multiple of Cash Flow |
2.6 |
| Year Established: |
2003 |
| FF&E: |
$ N/A |
| Inventory: |
$ N/A |
| Employees: |
0 |
| Absentee Owner: |
No |
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| Business Summary |
With this Online Business you could be “out on the lake”, or at your favorite fishing hole, while it makes you money!100% Drop Ship – Everything is sold online. You will have the occasional phone call, and answer a few emails, to net you $18,000 per year. This seven year established fishfinder site is a Yahoo! Store. This Internet Business Opportunity sells one product category and sells it well. The first time owner has several other noncompeting Yahoo! Stores and has neglected the potential sales opportunities of his fishfinder site. Online stores, on average, have a 2.5% conversion rate. Meaning for every 1,000 visits to a site, on average, 2.5% of visitors make a buy. This fishfinder site is currently at 0.7%. With your focus on the site you could triple sales and still only be at the industry average. The site gets about 1,000 visits per day.
Visitors to the site find it relevant as demonstrated by the “bounce rate” (a percentage measurement of how many visitors view one page and leave a site) of 53%. On average websites get a 64% bounce rate. Meaning this fishfinder site is 20% better than the average site.
A long established supplier relationship assures you of a smooth backend for on-time shipping to customers. At present, the owner manually inputs orders from the Yahoo! Store into the supplier’s order management system. This entails several hours a week in manual labor. However, you as the new owner could automate this process. Making the site nearly 100% automated. Meaning you have more time for recreational activities.
Terms are negotiable to the right buyer. The original owner is more concerned with your future success! |
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Facilities: Internet Home Business Opportunity
Competition: The only Yahoo! Store specializing in fisfinders provides this Online Business a competitive advantage.
Growth: The owner has neglected this online business in favor of other sites he owns. In 2006 sales were about $650,000. New enthusiasm and a few tweaks you can move back towards the old days.
Financing: Negotiable
Training: Negotiable
Reason Selling: Focus on other online opportunities.
Listed By: Internet Business Guide
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