Internet Retailer With Store Front
Location California,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description This business has a repeat customer base, no inventory cost and increasing sales.
Highly rated eBay seller with over 6,000 positive feedback with a 100% positive rating from satisfied buyers. Receive monthly discounts and as much as 20% off e-Bay fees as a highly rated seller. Over 2000 consignment customer contacts. Part of a large franchise network. Products are also sold on other websites. Co-Branding opportunity with major nationwide Franchisor.
1500 sq. ft retail space in a busy shopping center directly next to the major anchor. Vendor discounts such as FedEx shipping for being part of a large network. Above average selling ticket and very high sell through rate. Gross Revenue for 2013 expected to exceed $360,000 and showing increasing profits.
ZERO inventory, everything is on consignment. Business accounts in place, recurring revenue. Established customer base since October 2006. Current store manager has been with the business since it opened in 2006.
How we work - Consignment selling of items both new and used for homeowners and businesses. Check in items, photograph, write brief description, list online, process buyer payment, package and ship item(s) to buyer and send our seller a check for a portion of the sale. We take out our commission and eBay fees from the final sale price.
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