Profitable Internet Retailer Serving Craft & Fashion Market For Sale

Business description

Nine-year old online retailer that manufacturers, assembles and sells craft and ribbon-related products. Business revenue is growing more than 20% per year, and the website has more than 26,000 active monthly users. The database of active and past customers is approximately 40,000.

Property information

Location:

Recently relocated into 10,000 square foot leased facility built to spec

Size in square feet:

10,000

Business Operation

Expansion potential:

Can grow revenue 40-50% without further capital investment. Owners have grown the business from internal resources, no debt, no working capital loans, so they've done little/no marketing. The business is poised for extraordinary growth.

Reasons for selling:

Owner and wife are entering full time ministry

Trading hours:

9am-3pm

Employees:

19 FT/2 PT

Years established:

9

Other information

Support & training:

Will train for 8 weeks @ no cost

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$253,980 (included in the asking price)

Relocatable:

This business can be relocated.