Ecommerce Men’s Rings Retailer – 8yr Track Record, 48% Gross Margins

Details
Asking Price:$750,000
Yearly Revenue:$1,336,009
Yearly Income:$-------
Listed By:W3BA

SOLD!

This unique internet based business specializes in selling a full line of men’s rings, bracelets and more. Founded in 2006, this highly profitable niche business has processed over 100,000 orders since inception and their “A” rating with the Better Business Bureau has resulted in an extremely loyal customer following. The company’s unique business model allows for an attractive working capital structure with hardly any fixed overhead expenses and combines the benefits of selling a tangible product with the margins and mobility of an internet based platform.

This business has established a strong presence within their niche and has continued to produce 48% gross profit margins and 25% net profit margins. Even with a proven 8 year track record of YOY growth, this business continue to thrive in 2014 and there are several immediate growth opportunities that give this business substantial potential moving forward. This easily relocatable business can be operated from anywhere in the U.S. and only requires approximately 500 sq. ft. to maintain the inventory (approximately $220,000) and operate the business. While the seller has certainly enjoyed the reliable cash flow produced by this business, he has serious health issues and therefore needs to sell this asset. Ultimately, this high quality acquisition opportunity represents an outstanding value with a generous return on investment and has been priced to sell at only 2.1x cash flow + inventory.

For more information, please contact Lenny at info@w3businessadvisors.com or 312-291-4495.

If you are interested in this listing, please fill out the form below and a W3 Business Advisor will contact you with more information within 24 – 48 hours.