SOLD
Business Overview
This well-established and niche e-commerce business represents a unique opportunity to purchase genuine lifestyle operations and cash flow.
There is no experience necessary or a passion for the products, just a desire to acquire a solid business! The vendor will also assist with an extended training period, as needed by the successful purchaser.
Trading just 4 days per week out of their warehouse in Melbourne for over 10 years, this business features proprietary software developed by the owner which automates the entire customer sale flow from SKU to complete purchase order logistics.
The application of this software could revolutionise e-commerce, though it needs a new captain. The only reason this business is offered for sale is due to the owner being involved in other apps and looking to retire. It is important to note that the software is now turnkey, and requires very little maintenance from the offshore development team.
The business primarily targets B2C clients and has a huge scope for growth in wholesale. There are multiple online sales channels in addition to their own website, with new platforms being rolled out as you read this advertisement; using such well-known names as eBay, Grays Online, Kogan, Catch, and shortly Amazon too.
Stock will be purchased at cost price in addition to the agreed value, the estimated value of stock will range between $250,000 - $400,000.
Please note prospective buyers are subject to qualification and the vendor's disclosure approval.
This business has been offered for sale on a multiple of 2.3x of the average FY22, FY21, and FY20 EBITDAs. EBITDA is calculated after the cost of the owner's wage of $80,000 + Super.
Features
Consistently strong turnover year on year
Trading just 4 days per week
Highly automated and simple to maintain business
Limited competition and challenging barriers to entry
Enormous devoted followers
Multiple sales channels and favourable terms
Financials
NET Revenue: $2,092,870
Gross Profit: $844,714
EBITDA / Net Profit: $231,623
* FY22 Management Accounts
Average 3-year Net Profit: $234,106
Capital Multiple Rate: 2.3x