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Largest Internet Based Hobby Shop In The World
Location: United States -> Florida -> Sarasota
Industry: Technology – Internet Related > E-Commerce and E-Tailers

Business Summary

Exponential growth as the Largest Internet Based Hobby Shop in the World! The Company markets Giant Scale RC Airplanes & Jets with Gas or Turbine Engines. This is a Great niche market and the business dominates this market with 18 employees, 3 PT and 2 Managers.
Company has approximately 11,500 clients and it also sells to Distributors and Hobby Shops Globally. An Additional 2 Manufacturers were recently secured with the ''Exclusive Import Rights''. This will generate an EXTRA $190K per month, in addition to figures stated! First container as a result of the ''Exclusive Import Rights'', are due in September.
Price includes $900,000 in inventory plus $50K in FF&E. Owner wishes to retire. This business will GROW and so will the asking price. NOW is the time to buy. New owner can also add Helicopters, Boats & Cars to website! This is an outstanding Opportunity! Qualifies as an E-2 Visa Investment. Financial Statement with a net worth north of 2 million & NDA Required. Owner Financing to be secured by Buyer.... with 50% due at Closing. Contact for more information on this Hobby Shop for sale.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,183,000
Cash Flow:   $433,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $900,000
Seller Financing:  Yes

About The Business

Year Established:  1999
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  4 weeks at no cost.
Reason For Selling:  Retirement.


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Largest Internet Based Hobby Shop In The World Photo 1 Largest Internet Based Hobby Shop In The World Photo 2 Largest Internet Based Hobby Shop In The World Photo 3

Print Listing Id: 700110748
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