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This Business has been Sold!
Business for Sale Summary

Online Retail Store - 7159

Business Type: internet businesses,internet consumer services (b2c),misc. retail/non-classifiable
Sold
Online Retail Store
On , The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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 $96,000 Down Payment $0
Gross Revenues $222,176 Lease Remaining Register Free to View
Owner’s Cash Flow $32,141 Number of FT Employees Register Free to View

Financing

$0 Down and 8% over 2 years

Business Description

This in an online retail store committed to offering top quality merchandise for men. They carry over 30,000 items, including sporting goods, collectibles, electronics, DVDs, and video games. They are unique in that they are the only online store that caters specifically to men, offering products across many categories from sporting goods, to electronics, to video games, to sports autographs. The website brand name has been built up over the previous 4 years through an online presence and media coverage in major US newspapers, magazines, books, and radio stations. They have also run national television and radio campaigns in the last two years to strengthen the brand name. No inventory, warehouse or storefront is required -- the entire business run online with just a laptop. Although this business is currently based out of NY, it can be operated from anywhere in the world. The only reason for the sale is that the three partners owning the business have recently accepted full time jobs at a very large software company and no longer have time to manage and grow the business. They maintain a toll free number where customers can place orders by phone, 24 hours a day, 7 days a week, 365 days a year. They maintain working relationships with very reliable vendors. They have spent a great deal of time over the past four years building the business with vendors that can be relied upon. To date, the website has had processed over 10,000 orders. Two domain names are included as well with over 3.5 million page views in the previous 12 months. They maintain a presence on Amazon.com. They have their own homepage on Amazon.com, and offer over 150 of their highest-margin products on the Amazon.com website. There is also an existing client base that purchases advertising space on this website on a monthly or annual basis. This advertising provides a steady stream of pure-profit recurring revenue. The strengths are too many to list here.

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.