Project Description

6-year-old online retailer and manufacturer of high-quality automotive quick cover kits and paintable, plastic slip-on panels.  These panels are designed to cover rust and save the consumers thousands in repairs.   All products are designed, engineered, and manufactured in the United States.  Business has well recognized brand in the industry.  38 product SKUs available with average order value of $505.  Very diversified sales and marketing model with strong organic rankings.  The business is highly automated from manufacturing, order fulfillment to customer service.  Over 17,000 customers in database.  100% orders are fulfilled from in-house inventory from orders placed on website.  Major growth opportunities include expansion into Amazon, eBay & and other online marketplaces, additional PPC Marketing, Affiliate Marketing, Add complimentary products, etc.  The business provides new owner(s) with a complete turn-key business.  The seller will provide strong transitional support with side by side, hands on daily management with new owner(s) to ensure that the new owner feels totally comfortable with operation of the business.  Owner is selling to pursue other business interests and is willing to stay on as a consultant if requested.

Financial Overview

  • 2022 Revenue: $2,113,458 (November YTD)

  • 2022 Profit: $497,751 (November YTD)

  • 2021 Revenue: $2,374,868

  • 2021 Profit: $367,675

  • 2020 Revenue: $1,530,583

  • 2020 Profit: $297,860

Additional Details

  • Status: Under LOI

  • Employees: 8 FT & 8 PT

  • Years Established: 2017

Asking Price: $1,550,000 plus inventory (Approx Value: $150,000)

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