SOLD!
Details
Asking Price: |
$699,999 |
Annual Sales: |
$2,138,107 |
Cash Flow: |
$246,292 |
Inventory: | Not Included |
FF&E: | Included |
Real Estate: | Leased |
Employees: | 1 PT Owner 2 FT/1 PT |
Location: | Colorado |
Reason For Sale: | Other Interests |
Business Description
This rapid growth eCommerce retailer is an incredibly effective seller of recreational products. As a 20-year veteran of eCommerce, the founder saw the void in the market and started this business to seize the opportunity in recreational products. The web properties are built on modern scalable technology. The vision of the company is to profitably expand into 7 separate web properties that all leverage this technology. The current two segments have Compound Annual Growth rates (CAGR) of 48% and 36%.
Today’s consumer desires convenience – they have developed new shopping habits over the last decade as we begin to move from traditional Brick & Mortar Retail into online shopping, which will continue into the future and has been accelerated due to COVID. This brand’s distinguishing feature is the convenience of offering both High-Quality Goods, plus unparalleled convenience with 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.