Bath & Kitchen E-Tailer - 27536 Business Type: home furniture/ furnishings,misc. retail/non-classifiable,owner financing available,bldg materials/hardware/garden
Acted as the Advisor to the Deal
Kings County, NY
Queens County, NY
Bronx County, NY
Westchester County, NY
Nassau County, NY
All of NJ
All of CT
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.
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