Last Updated on February 21st, 2019
This business, which was founded 13 years ago, sells a product to students and schools which is in-demand. Schools typically place large orders via P.O., and students / consumers often make their purchase via the Amazon side of the business.
The B2B side has occurred completely organically with virtually no marketing effort or outreach by the owner, and has a large amount of repeat customers. The day-to-day operations are run by a couple employees and a virtual assistant, while the owner spends much of his time traveling.
This listing has been SBA pre-qualified by Stephen Speer at First Home Bank. There is roughly $500k of inventory that is not included in the asking price, and that the buyer would be expected to purchase at cost. An SBA loan should cover the entire amount. Minimum buyer cash injection is ~$360k for entire deal.
Sale Pending: No
First Seen: Sun, Nov 25th 2018
Last Updated: Fri, Feb 22nd 2019