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Asking Price : $219,000

Annual Gross Revenue : $204,000

Annual Net Profit : $120,000

Profit Multiple : x1.83

Inventory Value: $105,000

R-Index : 189

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From the Broker

This business is less than two years old and is a well-known brand amongst stone accessories lovers (Interested buyers may confirm this by googling the brand).

Revenues are generated organically (15%) and with paid ads (Facebook and Instagram). The store is receiving a minimum of 10 orders per day, the average order is $76. All products have private label packaging. As well as single unit sales, the store regularly supplies 4 wholesale customers who order in bulk (Contact details for the wholesale customers will be forwarded to the new owner).

This opportunity presents the new owner flexibility with regard to active or passive management. The new owner could easily take on all tasks with little prior experience or expertise, (which currently do not exceed 10-15 hours per week), or delegate the responsibilities to trusted contractors of their choosing.

The business is fully automated with a fulfillment center, that manages the stock, processes and fulfills orders. Orders are processed

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Listed By

Sale Pending: No

First Seen: Thu, Mar 7th 2019

Last Updated: Fri, May 3rd 2019

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