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This Business has been Sold!
Closing Date: 08/24/2017
Broker: Jay Goldman

Business for Sale Summary

Bath & Kitchen E-Tailer - 27536

Business Type: home furniture/ furnishings,misc. retail/non-classifiable,best deals!,new to market,seller financing available,bldg materials/hardware/garden
Sold
Bath & Kitchen E-Tailer
On August 24th 2017, The Undersigned
Acted as the Advisor to the Deal
Jay Goldman
Jay Goldman Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, New York County NY, Queens County NY, Westchester County NY, CT, NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $1,200,000 Down Payment $600,000
Gross Revenues $2,650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $385,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $600,000 over 36 months at 6%

Business Description

This Brooklyn-based Bath & Kitchen E-Tailer may be the best listing I've ever had. 90% of its sales are generated on-line and 99% of all orders are drop-shipped, thus eliminating inventory risk and warehousing expense. Where are you going to find an internet-based business selling for just 3 times its verifiable cash flow? As an established authorized dealer/seller on Amazon and Ebay, this business offers over 20,000 SKUs and has no limitations on sales it may generate on these sites. Were you starting from scratch, you would probably be limited by these e-commerce portals to selling no more than $5K per month in merchandise in your first year. The sellers are willing to stay on for at least 3 months to teach you everything you need to know to take over the reins from them.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.