Internet Retailer Offering Online Layaway For Sale

Business description

Nine year old Internet retailer offering online layaway. Business was formed to offer consumers the products they need and want for their home without the traditional rules of credit. The company's mission is to provide anyone, regardless of their household income or credit status, a broad choice of products for their home. It effectively takes one owner less than 10 to 15 hours per week to run the operation. Business can be home based with no inventory required. Orders are fulfilled upon 100% funding of customer's layaway account. Average order size is $300. Business offers a wide variety of computers, software, appliances and electronics. 25,000 customers in database. No current marketing efforts are deployed. Fulfillment is outsourced. Business development opportunities include addition of PPC Marketing & SEO campaigns, creation of an aggressive email marketing campaign, additional product offerings including engagement rings, toys, clothing, and cell phones; also expansion to additional suppliers and acceptance of credit cards as an additional payment option. Likely acquisition candidates include any retailer that offers services to underbanked consumers or existing layaway firms, existing retailers both online and brick & mortar, and individuals looking to purchase an online business that is easy to manage and very scalable. Owner is selling because of time constraints resulting from management of multiple business ventures. Seller will offer strong transitional support.

Other information

Expansion potential:

No current marketing efforts are deployed. Business development opportunities include addition of PPC Marketing & SEO campaigns, creation of an aggressive email marketing campaign, additional product offerings including engagement rings, toys, clothing, and cell phones; also expansion to additional suppliers and acceptance of credit cards as an additional payment option.

Support & training:

Seller will offer strong transitional support.

Reasons for selling:

Owner is selling because of time constraints resulting from management of multiple business ventures.

Owner financing:

Owner financing is available. Please contact the seller for more information.