Online Retailer Sells Specialty Knives & Belt Buckles - 6 Year Track Record of Growth
Asking Price:
$140,000
Gross Revenue: $102,276
Cash Flow: $42,453
This online retailer sells specialty knives and belt buckles targeted primarily at the outdoor enthusiast and country western market. Founded in 2002, this business has enjoyed low competition levels and a steady customer stream. Their products have been showcased in some of the top magazines read by their target market and during that marketing campaign sales skyrocketed. This retailers products have also been marketed on widely viewed TV shows that reach their target market like American Thunder. The majority of the website traffic comes from Search engine optimization work which today places this site very high in organic searches on sites like Google and Yahoo. This retailers products are also commonly found on high trafficked blogs which has driven traffic and sales as well. This retailer has a very good relationship with the manufacturer that supplies the products sold and receives preferential treatment which will further block out future competition. The seller has identified other target markets for these products and during beta tests has found viable additional customer bases yet to be tapped into. The new owner of this business could easily target those markets and within a years time have a business easily worth double the current asking price. Current owner invests less than 1 hour per week working in this business. A new owner who wants to invest some time enhancing the marketing of this business will benefit greatly selling into a low competition and niche market.
Year Established:
3
Employees: 0 full time - 0 part time
Relocatable: Yes
Home Based: Yes
Market Outlook and Competition: There
are several lucrative markets this business can grow in based on the beta
tests the seller has sampled. Seller will be happy to provide direction on
growing in those markets. The core market of this business still has large
growth opportunities for a buyer willing to invest a few hours a day
working the business. The business has one competitor that has a much
smaller market share and less experience in the business.
Management Training and Support: Seller to provide 30 day transitional training
Reason For Selling: Sellers main
business requires capital and attention
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