Fantastic Online Retailer - 16572
Business Type: owner financing available,home-based business,misc. retail/non-classifiable,misc. service/non-classifiable,internet businesses,internet consumer services (b2c)
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $60,000 | Down Payment | $60,000 |
| Gross Revenues | $103,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $52,600 | Number of FT Employees | Register Free to View |
Financing
$60,000 Down and Negotiable
Business Description
Online retailer of all types...of candles such as scented jar candles, taper candles, votive candles, tealight candles, etc. and has been in business for five years. The website receives about 200,000 - 400,000 page views per month. The site has sales of $103k per year, about $52k after expenses and inventory cost, which has steadily increased each year. Monthly expenses are about $800 per year for web hosting and ecommerce site, and about $950 per year for a toll free number for customers. The only other cost are inventory cost which is roughly about 50% of the retail price. The business is fairly easy to run all the person needs is basic computer skills. The e-commerce system is very automated and keeps track of all inventory, sales, billing customers, as well as emailing customers once an order is marked shipped and a tracking number is entered. The only physical manual labor required is printing the orders, packing the orders, and creating a shipping label. UPS will do daily pickups once a ground ship! Other than that you just need to answer some customer emails regarding product questions and order questions, etc... Owner is also including about $65k of inventory to the buyer so they can get started.
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.
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