SOLD!
Details
Asking Price: |
$225,000 |
Annual Sales: |
$777,000 |
Cash Flow: |
$90,000 |
Inventory: | Not Included |
FF&E: | Included |
Real Estate: | Leased |
Employees: | 1 PT Owner 1 FT/1 PT |
Location: | Colorado |
Reason For Sale: | Other Business Interests |
Business Description
This rapid growth eCommerce specialty retailer is a wonderfully successful seller of equestrian products. As a 20-year veteran of eCommerce, the founder saw the void in the market and started this business to seize the opportunity. The web property is built on modern scalable technology. The company has a Compound Annual Growth Rate (CAGR) of 36%. That success continues in 2021, where revenue is up over 60% year to year.
The business is priced for a quick sale, as owner wants time with young family. eCommerce is hot and typically asking for a multiple of 3.5x to 4.5x, this opportunity is priced at 2.5 times SDE.
This brand’s distinguishing features are the excellent offering of High-Quality Goods, unparalleled convenience, and excellent customer service, which defies comparison with other online sellers and marketplaces. The business is regularly rated with 5 stars in online reviews.
Represented by Dave Harris. Tell me more about this business.