Marine Products Internet Business Opportunity

 
Internet Business Guide Review
NOT A Marine Electronic!Your marine forecast predicts clear sailing to making money online! Reduced risk from multiple web sites and multiple products is the advantage of this Internet Business For Sale. The company sells marine products; such as fish finders.Additionally, this Internet Business Opportunity For Sale makes money selling barbeque smokers (some write barbecue with a “c”) and racing seats. Plus a line of tonneau truck covers. In reviewing the primary product category, portable fish finders, one finds space for more fishing boats in the Internet sea seeking new customers.

The Vicissitude Ratio for selling fish finders as a 100% Drop Home Based Business Opportunity is 88.83 (less than 100 is meaningful) and the Make Money Online Rank is “6″. This product would have been 6.5 if were not for a bit of seasonality. The highest search months are February and March.

Overview

100% Drop Ship | Marine Products

Internet Business Guide Listing #7134

Status: (Financial Data Revised 2/16) Off Market
Business Type: NAICS 464111
Business Category: Etailer
Business Name: NDA
Business Web Site: NDA
Asking Price: $159,000
Downpayment: $159,000
Gross Sales: $586,030
Cash Flow (or SDE): $38,388
Asking Price as Multiple of Cash Flow 4.1
Year Established: 2003
FF&E: $ N/A
Inventory: $ N/A
Employees: 1
Absentee Owner: No
Have you identified the category of Internet Business acquisition that you desire, yet have not located it? Are you uncertain of the Internet Business that is your ideal acquisition candidate? Then you should consider an Acquisition Search!
Business Summary
Fair Seas Ahead With Marine Products

Business Description:Fish Finder Reviews on Internet Business GuideThis set of profitable ecommerce stores sells Marine Electronics and Equipment, Barbecue Grills & Smokers and other Outdoor Products, as well as Toneau Truck Covers and Racing Seats.The anchor store sells electronic fishfinders and fishing accessories. It was established in 2003 by the prior owner, who then started the other stores over time. The stores were purchased in late January 2007 by the current owner.This business would be a good fit either for someone who wants to run the daily operations of the business on their own (customer service, order processing, etc), or a great addition to an existing e-commerce operation with multiple stores, or as an entry point for a retail store into the online marketplace.It can be relocated anywhere in the U.S. It is currently operated by one customer service person, who spends approximately 35 hours/week on it.

Features  There is a system for evaluating products which enables customers to make the best selection, as well as educational sections for helping shoppers understanding how the products work. Maintaining the websites is relatively simple with an easy-to-use content management system.The stores average approximately 30,000 unique visits each month. There are approximately 15,000 customers in the combined databases. The sites have a combined catalogue of over 5000 products representing many well-known manufacturers. There are 20+ vendors, with 3 primary, 2-4 secondary, and the rest occasional. Currently much of the website maintenance and search engine optimization is accomplished through a relationship with an offshore provider ($200/month) +/-. This relationship can be shared with the new owner.

Growth/Expansion: Although the stores are already solid in their niche, there is still potential for growth. The new owner could increase the revenue and profitability of the site by:• By selling advertising on the sites in banner ads or in emails to the customer base.• Conducting a simple pay per click campaign or other online advertising campaign.• By cleaning up the site structure and navigation to improve the conversion rate.• By buying frequently purchased items directly from the manufacturer instead of from the drop-ship distributor, and stocking them in inventory.• By expanding the product lines of the store to include other fishing and boating accessories, such as fishing lines and lures, or by selling advertising on the site or in email marketing to other markets, such as hunting product manufacturers or distributors.• By continuing to add to the already high number of links, both in-bound and reciprocal.• No effort has been made to market to existing customers using email, so the new owner could build revenue on the existing base quite easily.

Financing: N/A

Support/Training: 4 weeks at 10 hours per week (negotiable

)Reason Selling: Focus on Core Business

Listed By: Internet Business Guide, Don Janke

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