E-Commerce with High Cashflow, Remote Owner, Fanatical Customer Base

Pennsylvania
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Asking Price:$6,000,000
Gross Revenue:$9,500,000
Rent:$6,500/Month
Cash Flow:$1,969,316
Inventory:$2,500,000
Established Year:2005
BUSINESS DESCRIPTION

This is not an FBA "pop-up" business. The business has dedicated time, energy and resources to create the infrastructure necessary for the business to achieve the stated revenue and profitability with staying power.

The new owner needs to have a background in e-commerce in order to stay competitive.

This e-commerce business has a healthy mix of revenue across platforms (amazon, their site, etc.) and is a remotely operated business. They fulfill 95%+ of their orders in-house through their warehouse which is the storage and shipping hub. The location of the warehouse will be shared after the signing of a confidentiality agreement, however the current owner only visits the warehouse 3-4 times a year.

The current owner operates the business remotely and has a team of 6 other employees that also work remotely that oversee product design and the marketplaces. There are 9 warehouse employees that work onsite at the warehouse facility and are led by a warehouse manager.

The business specializes in the sale of officially licensed apparel and accessory products. They have a very loyal base of customers with over 450,000 followers and Facebook and 40,000 followers on Instagram and they maintain a database of close to 2 million unique customers. These channels have not been monetized and are ripe for monetization with the right strategy to drive sales on their website as well.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
40,000
Lease Expiration
12/03/2038
Employees
9
Facilities
40,000 square foot warehouse in a low cost of living area to keep overhead down. The business can likely double its size in this facility. There are 5 years left on the lease with an option to extend for an additional 10 years if desired. The purchase includes all racking, shelving, and supplies.
Growth & Expansion
There are always new products and licenses to pursue if desired.
Support & Training
The owner is willing to provide training and transition services to a new owner, however the new owner needs to have a background in e-commerce.
Reason for Selling
Wants to try something new. He has been in the industry for 20 years.
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Tyler
Evans
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Tyler Evans