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VR Business Brokers - Fairfax, VA
11350 Random Hills Road
Suite 800
Fairfax, VA 22030
(301) 951-0051
www.vrbeltway.com
connie@vrbeltway.com
 

VR Business Brokers - Milford, CT

99 Cherry Street
Milford, CT 06460-3455
(203) 878-0554

venture.prtnrs@snet.net

Business Listing Details

LISTING#:
05221581

H6010: Internet Related
Web Based Retail Store
LOCATION: Connecticut
  
ASKING
PRICE

$195,000
AMOUNT
DOWN

$195,000
REVENUES:
  
$330,155
DISCRETIONARY
EARNINGS

$35,591
TOTAL
ASSETS

$80,000
Business is an on-line retailer started by owner in 1999. Product line first developed with a halloween concept, has been continually expanded over seven years and has grown to 4,000 items. Seasonal activity is strongest in the fourth quarter including the Thanksgiving and Christmas holidays (about 40% of sales are in this period). Products have a New England theme and are shipped around the world. Company specializes in products of a unique nature where competition and pricing are not factors. Gross margin is about 48% overall. Owner and wife (plus 1 part time employee) run the business out of their home with an additional 500 sq. ft. warehouse constructed for the business. Business is relocatable anywhere. Postage & delivery costs plus web service charges are the largest expenditures beside product costs. Business growth potential is really open ended to the purchaser by adding products of a complementary nature. Web site activity is very high.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.