SOLD!
Details
Asking Price: |
$450,000 |
Annual Sales: |
$1,366,000 |
Cash Flow: |
$226,000 |
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 retailer is an incredibly effective seller of cycling 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 properties are built on modern scalable technology. The business has a Compound Annual Growth Rate (CAGR) of 48%.
Today’s consumers desire 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 features are the convenience of shopping for High-Quality Goods, along with excellent customer service, which defy 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.