West Michigan Powersports Accessory eCommerce & Private-Label Brand

Michigan

Seller Financing Available

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Asking Price:$599,000
Gross Revenue:$1,632,421
EBITDA:$296,199
Established Year:2000
Cash Flow:$407,316
Inventory:$600,000
Real Estate:$1,195,000
BUSINESS DESCRIPTION

Capstone Business Brokerage is pleased to bring to market a high cash flow and very well-established online retail business and private-label powersports accessory brand. With over twenty years of operation in eCommerce through Amazon and their own website, the company is ready for the next phase with new ownership.\n\nAmazon sales make up 73% of their revenue, with the remainder through their website. Throughout the past five years, the company has had an impressively profitable and stable performance, featuring nearly 54% Gross and 16% Net Profit Margins. Ownership is comprised of two individuals that work full-time, as well three packing and shipping employees – one full-time and two part-time. \n\nFor sale is a complete turn-key business operation which includes a website and Amazon store, customer list, name and goodwill, as well as the real estate. Inventory, which is not included in the purchase price, will be evaluated prior to close and priced accordingly.\n\nThis business is SBA eligible for well-qualified buyers


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
18,000
Employees
3
Facilities
The company owns and operates out of a 18,000 SF facility in West Michigan.
Competition
The products offered are in a specialty niche of powersports accessories and do have competition in the online marketplace. That said, their strong ratings and tenure within the Amazon marketplace (4.5 stars with thousands of reviews) and website with equally impressive metrics give them a leg up in the growing marketplace.
Growth & Expansion
1. Expand Product Offerings: The current catalog of products has a narrowed focus and could be expanded upon. 2. Added Brick & Mortar Relationships: The products could be sold directly to retailers with physical storefronts at competitive pricing. 3. Ship Products from Warehouse in the West. This will decrease transit time and increase competitive advantage on the Amazon marketplace and website.
Support & Training
Current ownership is willing and able to support a successful transition and can be flexible to train new owners as needed.
Reason for Selling
The owners are planning on a smooth transition toward retirement after the sale.
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Nathan
Patterson
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Nathan Patterson