Business For Sale Listing 134285
Internet Apparel Distribution Company
Status as of Jan-6-2009 at 06:03 PM: Off The Market
Business Summary
Profitable Home Based Wholesale/Retail Online Apparel Distributor
The distribution side of the business requires no inventory and no accounts receivable. It doesn’t need an office or staff at this stage of its growth. The current owners have put no sales or marketing effort outside development of a website into this business. Recent efforts have been focused on website optimization and key word buying.
When I first met with them I gathered financial information and facts about the business. After reviewing everything with them I recommended that they get out of the retail side of the business; the store closed December 31, 2007.
Starting operations in 2005 the company revenue that year was $105,276 and did not include commission on brokering a very large order. In 2006 the company’s revenues increased to $206,258 excluding the one time brokered deal of $158,900 by comparison. Based on the company’s adjusted seller’s discretionary cash flow 2006 generated was approximately $29,700.
The asking price of $49,000 includes no inventory; inventory is drop shipped from the manufacturer to the end user.
It could be a great business for someone looking for a home-based business. Before and after the store open/closure the seller only spent about 2.5 to 3.5 hours per week working on this business. If you don’t change a thing you could earn $38 to $45 per hour.
It could be a great business for someone distributing compatible items. The possibilities are endless and the potential for growth will only be limited by the buyers imagination and financial ability to grow the business. Let’s talk about this more if you are interested. For information call or request a Non Disclosure package via email.
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