This highly successful specialty gift and novelty business has developed a very strong online presence on Amazon and also sells on many well-known sites. Recently rated in the top 1% of Amazon companies. Also sells on Walmart and EBay. The Seller has developed and implemented systems where a new owner will have nearly a turn key operation. Adjusted Net Income has increased significantly from 2014 to 2018 with gross profit margins also increasing significantly. Business is in position to be taken to another level by well capitalized buyer.
Business would need to be moved to a new warehouse but Seller will assist with the move and setup as they are experts in this area. A new buyer can reduce the current rent by thousands of dollars a month as warehouse space in LA can be found at much cheaper rates then the business has currently been paying. Business is also relocatable out of state.
The business has also recently become an Amazon approved Seller Fulfilled Facility. This will reduce expense even more allowing this already extremely profitable business to achieve even higher profit margins.
- Inventory is not included in the asking price and necessary inventory will vary depending upon the time of year but will be approximately $600,000 in the first and second quarter of 2019.
- In order to ensure the successful transfer of vendor relationships and online accounts, the sale is only being offered as a stock sale. This business is not eligible for bank financing as ecommerce was a division of a larger company.
No bank financing offers. Buyer will need a significant amount of cash to purchase the very profitable business.