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| Details | |
|---|---|
| Asking Price: | $180,000 |
| Yearly Revenue | $130,034 |
| Yearly Income | $59,310 |
| Multiple | 3.03x |
| Listed By: |
Mark Daoust, (651) 204-6871 |
Extremely Solid Business - Grew During 2009's Recession - Sells Amish Gourds
This business exudes stability. During the recession in 2009 this is one of the few businesses that not only remained steady, but actually showed growth. This online retailer is extremely well established in the niche market of selling Amish gourds for arts and crafts. The site has developed a solid customer base over the past several years, is well run, and offers plenty of opportunity for future growth. The current owner is looking to divest of this business as he has taken over another business which requires more of his time.
KEY BENEFITS
- Steady sales through the recent recession
- Estimated 20% of orders are from repeat customers
- Over 4,000 people on mailing list
- Very low return rate
- Strong vendor base (12 15 vendors used)
- No stale inventory. Inventory turns over ~10 times per year
- Approximately $3,000 worth of inventory included in sale (all inventory is recent)
- Relatively low workload 10 15 customer requests per day
- Strong search engine presence
- Fantastic niche without overly strong competition
- Easy site to manage uses simple templates which make updating extremely easy
- Plenty of growth opportunities remain
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