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This is an established 19 Years old business well positioned in niche market with steady YOY sales. The business specializes in import of rosary beads and Catholic jewelry but offers gifts and books as well. The business has 4 online Streams of Revenue. The name and the domain of the online store is short, appealing and product descriptive.
The company purchases the products directly from the manufactures. The revenue is generated through four sales channels: Amazon, Ebay, Online Retail and Wholesale Stores.
The business stocks its inventory in a warehouse/office, then part of the inventory is shipped to Amazon FBA and the rest of the orders are fulfilled in house and shipped to the customers. Order fulfillment and shipping are automated. All stores are managed from a single platform and the inventory is synchronized between all of them.
The business maintains an inventory on average for $150K spread over 1600 sku’s (many of which are color variations). The majority of the products are jewelry like, respectively they are small, easy to store and ship.
For the last two years two years more than half of the revenue is generated by Amazon FBA which led to less in house shipping and customer service.
The business operates with one full time employee. The owner spends on average of 25-30 hours per week in peak seasons and during the summer works only a few hours a month. The company also uses some outside services for picture editing.
The buyer will receive vendor contacts, chain of online stores, social media accounts, and all tools required to run a successful online business. The owner will provide a full-know how.
The Revenue for 2020 was 308K, DCF: 75,000. For the first 4 months of 2021 the revenue has increased with 16% compare to the same period of 2020.
• Well positioned with 20 years long history, established clientele and steady sales.
• Over 45K registered customers and over 35K subscribers with active emails.
• Top rated Professional Amazon FBA and Ebay accounts with a huge potential.
• Two long holiday seasons: Lent – Easter – First Communion, (February – End of May) and Confirmation – Christmas Season (September – December).
• High Profit Margins and unique products due direct factory import.
• The buyer will receive several long-lasting and trustworthy factory contacts.
• Owned sophisticated shopping cart with build in multichannel order and inventory synchronization.
• A pending Trademark application will be transferred to the new owner.
• The business has not been affected by the pandemic.
The business can be relocated anywhere in the country. Can be run as home business, as well. Can be also set to work with services as 3PL.
This is a great opportunity for anybody that wants to run his own business, it can be run as a family business. Any existing Catholic, Christian or gift store which relies on local clientele can use this opportunity to expand and reach customers nationwide.
EXPANSION AND GROWTH:
Amazon and Ebay stores have a huge potential. The online stores traffic can be substantially increased with more aggressive social media marketing. The business can expand to other market channels like Walmart and Etsy. A connection for Walmart is already implemented. The owner will share other marketing ideas.
It should be noted that for several years the owner had lived outside of the country and he ran the business remotely and was not his priority to work on the business growth. If the new owner invest time on the growth potentials the revenue can be increase quite substantially.
For more information, please contact us by using the form below.
The owner wants to pursue and focus on other opportunities.
Open 24/7, customer service and shipping hours Mon-Fri 8.30am-5pm
2 weeks in house training and 2 weeks remote, if relocated 4 weeks remote training. Other options are negotiable.
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