Project Description
10 year old ecommerce business offers a wide selection of vitamins, supplements, beauty products, and grocery items. Offering over 21,000 different products across more than 1,500 brands. Strong, easy to remember and keyword rich domain name. High sales volume, 25% repeat customer base. 99% of orders use a just in time delivery model. Good standing relationships with 6 suppliers. Vendor contracts can be transferred anywhere within the U.S. Over Two Million customers available for marketing in current database. Owner works 10-15 hours per week on the business. Employs 7 to 9 individuals depending on sales volume and seasonality of the business. Current operation requires 3,000 square feet to operate business. Highly automated proprietary software utilized to effectively manage the operations of this business. 95% of sales from shopping engines, 5% from search engines. Major growth opportunities include: adding additional products offered by wholesalers, expand into eBay, Walmart.com, Jet.com and other online CPA comparison shopping engines, investment in SEO to drive additional traffic to website, begin a drop ship model for other ecommerce retailers, and PPC advertising. Decrease in sales and profitability due to lack of time, focus and resources dedicated to this entity since owner oversees two other business ventures. Strong transitional support provided based on the specific needs of the buyer. Business can be operated anywhere in the U.S. Owner is selling to pursue, manage other business interests.