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This Business has been Sold!
Closing Date: 03/10/2015
Business for Sale Summary

E Commerce Craft Business - 24419

Business Type: internet consumer services (b2c),misc. internet/technology/non-classifiable,owner financing available
Sold
E Commerce Craft Business
On March 10th 2015, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
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Financial Information (non-confidential)

General Information
Asking Price $55,000 Down Payment $55,000
Gross Revenues $135,000 Lease Remaining Register Free to View
Owner’s Cash Flow $27,801 Number of FT Employees Register Free to View

Financing

$55,000 Down and

Business Description

Long established, successful, 7 year old e-commerce craft supply business. Supplies available include all paper crafting supplies (cardstock, adhesive, paper, dyes, machines, stamps, etc). Can also offer sewing/knitting/painting supplies. Shipping can be provided by some manufacturers- drop shipping and some will be self fulfillment. Home based will require approx 800 square feet for product storage. Plenty of opportunity to convert to a brick and mortar store location. Developed a large list of email customer database. All organic, no pay SEO. Currently relies on social media (Yahoo Group, Facebook, Twitter). Seller does $10/year at local craft shows. Run semi absentee (owner is a new mom). Perfect opportunity for owner operator who can also do the work of the PT employee. Long list of contacts and sales reps, which due to the volume of sales will be able to offer more favorable pricing than the traditional start up. Sales minimums have already been met with the manufacturers also avoiding traditional start up expenses. Through various forms of social media, they have had direct contact with over 10,000 customers. Instant introduction to various craft shows providing great opportunity for sales. Already own a developed e-commerce website with advanced features and checkout system. Custom designed email templates have already been created and ready for simple editing each and every email blast. The major outlays of expense have already been had by current owner, this business just requires someone to come in and be able to spend time on it, which the current owner no longer has. Contact broker Joseph Stansky for more details.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.