Back to Listings Growing, 19 Year-Old Drop Ship E-Commerce Business, Up 16% YOY in Net Profit

Asking Price : $2,899,000

Annual Gross Revenue : $7,985,120

Annual Net Profit : $852,726

Profit Multiple : x3.40

Inventory Value: -

R-Index : 113

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From the Broker

Launched in 1999, this niche business has paved its way to the top over the last 19 years and is one of the leading internet retailers in its field. This business has been recognized as one of the Top 300 of B2B E-Commerce Companies for 3 years in a row (2015, 2016, and 2017) and there have been many other accolades from other publications. This is the rare chance to invest in a well-aged powerhouse e-commerce business that has a 100% dropship model and growing YOY net profit (+16%). As a reputable and trusted brand in this industry, ~32% of orders are from repeat customers and they have maintained stellar reviews with a 4.7 star rating with 3rd party ShopperApproved (based on ~11,000 customer ratings).

With 100% of sales currently coming through the e-commerce store, there is ample room for continued growth through 3rd party channels (Amazon, Walmart, Jet, and Ebay) that have yet to be explored. The owner has invested in updating the website design in 2017 and feels it is poised for continued scaling through increasing PPC advertising and adding more products. April 2018 was the second largest month of revenue in all of its 19 year history reaffirming the strength of this business and potential for continued growth. **This business is SBA Pre-Approved.

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Sale Pending: No

First Seen: Wed, May 9th 2018

Last Updated: Fri, Sep 28th 2018

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