This is a very successful online business that sells multiple lines of products in a niche industry. Established for 18 years, the company has an impressive clientele ranging from individuals to Fortune 500 companies and government agencies. The company leases a small office space / warehouse in King County, WA. About 50% of the sales are generated from the company’s web site, and the other 50% come from the Amazon marketplace in the U.S. and Europe. There are 2 full-time employees. The sellers are reaching retirement age and looking to retire. This is a once-in-a-lifetime opportunity to acquire a well-established Internet business and take it to the next level.
The office / warehouse space being leased is approximately 2,500 square feet. In-stock items are shipped the same day if ordered by 1 PM, and larger orders are drop-shipped from the manufacturer.
Competition / Market Pros & Cons
Through many years in business, the company has developed deep relationships with customers, manufacturers, and importers. The company’s name and products are listed in hundreds of forums and thousands of links. The company also designs and carries its own brand of products, making its business model difficult to replicate by competitors.
Growth and Expansion Pros & Cons
Due to health issues and age, the sellers have not been actively pursuing new business, and continue to reduce the hours they work. A buyer with fresh energy and marketing ideas could grow the business to the next level.
Support / Training Available
The sellers are willing to train. Details negotiable.
Reason for Selling
Health issues and retirement.
Seller Will Provide?
Cash at closing. Broker can assist buyer in obtaining bank financing.