Unique And Fun Remote Controlled Car Internet Business For Sale

Business description

Perfect way to turn a hobby into a part-time, run-from-home business. Exclusive relationship as the UK distributor of a very high quality Japanese hobby-class Radio-Controlled car. Consistently selling £4-5k/mo. at 40% ave. margins with only a couple of hours a week. Very space-efficient -- sits on just two pallets. Also includes several related and interconnect high-value Web domains (e.g. the forum, and a club racing site). Very little marketing has been done -- lots of upside in the UK market alone. Remainder of EU market completely untapped.

An ideal Web-based product sale: A continually "interesting" product with regularly released product and accessory updates, but with a very long shelf life. Dedicated customer base with very high (50-70%) repeat customers on a monthly basis. Extremely low rate of returns and defects.

Looking for either corporate or asset sale of 5-7X EBIT (approx. £50k), plus inventory (approx. £25k); however flexible terms are possible, including an "earn-out" as a percentage of Gross Sales over time and/or flexibility with respect to the transfer of inventory over time (or possible outright removal of inventory from the equation by first selling on the secondary market).

This business represents a very nice opportunity to take a fully running and profitable business, with all systems and assets ready and available to grow fast or slow as the buyer wishes, in either the domestic UK market or all of Europe, in the buyer's spare time at home or full-time as a more serious business.

SERIOUS INQUIRIES ONLY

Thank you very much.

Property information

Location:

online

Premises details:

very small products -- requires only 3'x6' of storage space

Other information

Expansion potential:

very little marketing has been done; remainder of EU untouched -- lots of upside potential.

Competition / Market:

exclusive UK distributorship situation

Support & training:

full product and system training could be had in just a few days

Reasons for selling:

focusing on other work and unable to give this business the attention it deserves.

Trading hours:

only customer inquiry calls, generally 9am-5pm M-F, but flexibility is completely possible.

Owner financing:

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

Financing available:

need to cover my cost of inventory, but otherwise flexibility is totally possible.

Furniture / Fixtures value:

£5,000 (included in the asking price)

Inventory / Stock value:

£25,000 (included in the asking price)

Website:

www.miniRC.com