Merchandising / E-Commerce Business For Sale
Location:
United States
Industry: Technology – Internet Related > E-Commerce and E-Tailers
Business Summary
Merchandising / E-Commerce Business for sale is selling unique patented products online as well as wholesale to small gift shops. The products are of a personalized gift nature.
Three partners bought the business from its founder about two years ago. Previous owner did a great job designing and patenting a unique product. He found a manufacturer in China and stocked a warehouse. He also succeeded at selling the product to about 300 stores across North America, including Hallmark. Because of personal / family reasons he had to sell the business.
In the last two years the following changes / improvements have been done:
- minimized overhead by moving into a low cost storage
- re-designed the Web site to make the ordering process easier and clearer, which lowered the bounce-back ratio
- created an online affiliate program
- started sending monthly newsletters with promotions - this has helped the customer retention rate
- implemented a monthly contest, used as a viral marketing tool, and a way of growing the mailing list for newsletter
- designed a program for work-at-home moms to sell the product as a fundraiser
- hosted numerous contest giveaways on different blogs
The current partners lack marketing expertise, advertising funds and time to introduce the product to wider audience to its full potential.
What is for sale:
1. Merchandise. Exact stock counts will be provided to interested parties.
2. Web site. It is a heavily customized shopping cart solution with a comprehensive back-end management panel that allows for coupon codes, gift certificate codes, sales on individual products or groups, shipping discounts with minimum order amounts and so forth. Online product designer is integrated into shopping cart. Monthly contest is integrated into shopping cart.
3. List of current customers with contact info - both retail (Web site) and wholesale (stores).
4. Patent for the product.
The merchandise is physically located in Illinois but if the offer is
Financials
Asking Price Range: < $250K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: EBITDA
Inventory: Yes.
Seller Financing: Not Disclosed
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Yes.
Click on the "I'm Interested" button above for more information on this Technology – Internet Related > E-Commerce and E-Tailers business for sale.
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Print Listing Id: 700108434
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