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Marine Online Multichannel Distributor For Sale

Hollywood, Florida, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,400,000
Cash Flow:
$150,000

WHAT WE DO:
We are a multichannel online distributor. We do sell on eBay, Amazon, our website, phone orders, on direct sales via Paypal invoice, international clients via wire transfer, and via Craigslist. Soon we will be selling in Walmart marketplace.
We currently have about 25000 active listings on eBay and about 4000 in amazon.
Those listings are held in a database with about 80000 items. Database connect to marketplaces in which we sell. Database provide us with the daily new orders. Then, we ship using a shipping software that connects to the database.

WHAT WE SELL:
- New parts and accessories for: Jetski, Boat, and Yacht.
- New parts for boat engine, both inboard and outboard.
- Used parts for: Jetski, Boats, engine parts (inboard and Outboard).
- Used outboard engines.
- New jetski engines

BUSINESS OPERATION:
We operate with about 12 people.
Shipping 3 to 5. Office 3 to 4. We have 4 more remote workers in database management, accounting and database listings.
We ship in average 3000 orders per month.
We export outside the USA about 35% of our orders.

LOCATION AND WAREHOUSE
We have leased for about 10 years a warehouse of 3000 sq ft with a second floor of about 1200'. We have about 20 pallet racks 14' high where we stock over 80000 parts that we have on inventory.

OTHER OPPORTUNITIES:
- Inside our warehouse we have a marine shop with plenty of tools, carts, to take apart, test, and repair outboard engines. You can implement a service shop to the public and charge $80+ per hour.
- We used to buy used outboard engines inspect, paint, and sell them. Currently owner is more focus on database and internal inventory. Still this is another great opportunity as well.
- You can become a dealer of any engine brand and sell new engines.
7th. Opportunity to grow as we only sells about 25000 out of more thatn 100000 that we have available for sale. Creating more listings means more sales.
4th. Opportunity to expand into a marine shop that charges over $80 an hour for labor. We have space to park boats if you want to provide boat services and labor.

ADVANTAGES OF THIS BUSINESS
1st. Owner is willing to stay 6 to 12 months to train and help, so you are sure that you will get trained. Owner started this business without any knowledge of boats or jetski. Owner has never been trained or worked in mechanics or in the marine field. Owner created all processes and learned by himself. Employees knows all internal processes so they can operate the business. In 2021 owner is working about 40% from home or remote.
2nd. There are currently in inventory already paid and listed on ebay about $400,000. We are in the process of listing more inventory that is already paid that is about another $400.000. In conclusion: we have over $800,000 in inventory that is already paid and ready to be sold. Once it sells the business is almost free. In 2020 we sell over $160.000 of this inventory.

WHAT YOU ARE GETTING AS BUSINESS:
1st. a database with over 80k items.
2nd. Mature and well maintained stores: eBay store, Amazon store, website, and social media. Approved accounts with jet.com and Walmart.com. We are waiting for the final integration to have those two marketplaces live.
3rd. long time distribution agreements with over 8+ major master distributors.
4th. A stable company with over 10 years in business.
5th. A company that provides job for about 12 employees. Great opportunity for people seeking USA visa.
6th. A company with great credit history and with available loans (one click away) from several sources

WHAT INVENTORY AND ASSESTS YOU ARE GETTING
1st.. Warehouse full of pallet rack and shelves
2nd. About $800.000 in inventory already paid
3rd. Thousands of tools, tool carts, racks, forklift, shipping cargo van, and office equipment with over 10 working stations.

REASONS FOR SELLING BUSINESS
Owner wants to leave the country.

Property Information

Real Estate:

Lease

Lease Terms:

$2000 per month.

Leasehold Rent:

$24,000 per annum

Location:

We are located in a commercial warehouse area. We are close to UPS and USPS which are our primary shipping providers.

Premises Details:

We lease a 3000 sq ft warehouse with high ceiling. We have about 1200' sq ft in a second floor. We have a patio in the back and a patio in front where we can park boats up to 28' long.

Size in square feet:
4,200

Business Operation

Expansion Potential:

We about to start selling in jet.com and walmart.com. We can create or activate more listings and sell more. The growth has no limits. Besides, we have the tools to have a repair shop.

Competition / Market:

There are competitors in the market in other states. The market is huge. We have focused in out grown that is about 2o% to 40% per year

Reasons for selling:

Leaving the country

Trading hours:

8:30 to 5:00 PM Monday to Friday

Employees:
12
Years established:
11

Other Information

Support & training:

I can extensively train the buyer, while working as an employee, for 6 to 12 months.
I as owner knows all business aspects. In 2021 I am working about 40% of the time remote as employees can manage the daily operations. Employees can also train.

Financing available:

50% downpayment. 50% to be paid in 6 to 12 months, while owner is training and supporting.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$800,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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