Household and Kitchen Small Appliances eCommerce Store – $1,800,000 – SOLD

Project Description

Four-year old eCommerce company with a very strong domain name markets a wide range of Household & Kitchen Appliances, Personal Care Products, Personal Watches, Gifts & Gadgets, and Home & Office Phones; 6,000 SKUs on website with 15,000 available for sale. Business utilizes a very efficient inventory control model with an approximate $200,000 inventory level; 20% direct in-house fulfillment, 30% just in time delivery, and 50% drop shipped. Customer database includes approximately 80,000 names with all contact info; approximately 25% of sales are from repeat customers. Business has a strong Internet presence with 60% sales from major shopping engines and 15% from Amazon; approximately 2,000 affiliates in place which contribute to an effective customer acquisition program. Business can be relocated to any US location and all supplier contracts are transferable to a new owner. Owner is selling because of other business opportunities. Owner is willing to finance a significant percentage of the purchase price for a credible buyer.