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- RE: SBA Pre-Qualified ECommerce Brand | Tools & Gear
- Contact: Ron Matheson
Quick Facts
Asking Price: | $1,600,000 | |
Annual Revenue: | $4,175,708 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $388,902 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 1 | |
BBN Listing #: | 948772 | |
Broker Reference #: | WC 3413 |
Business Overview:
Website Closers® presents an SBA Pre-Qualified eCommerce Brand in the Safety and Power Tools Vertical, sourcing directly from top manufacturers that are now providing them with a 38,000+ products for customers to choose from. At least 900 of those SKUs have become top sellers, representing 70% of the company’s revenue. This reduces the concentration risk of the company as they are not reliant on a small handful of products to generate profits.
With SBA Pre-Qualification, Qualified Buyers have the opportunity to put as little as 10% down with industry-leading interest rates to acquire this business, with the balance of the SBA loan paid out over 10 years. This helps keep debt service manageable and provides additional cash flow for growth and or owner income.
With 11 years of experience, the company attracts a diverse customer demographic, from Do-It-Yourself enthusiasts to business customers that include trade professionals. The company’s Tools and Personal Protective Equipment come from some of the nation’s top fields, including construction, agriculture, aerospace, and manufacturing. All products are made in and shipped from the U.S. The company is now adding new suppliers in the automotive industry, giving them the potential for cross selling and upsells. The company’s Repeat Customer rate is now 45% which shows the loyalty of their customers.
The following are important KPIs for this business:
• 11 Years Established
• 45% Repeat Order Rate
• Significant YoY Growth
• SBA Pre-Qualification
• Leading Distribution Contracts
• 38,000 SKUs
• $86.33 Average Order Value
• Multiple Sales Channels
The company benefits from a strong operational foundation. The company stocks its top-selling products, while many other SKUs are Dropshipped from the manufacturer. They are now processing nearly 185 orders per day, and their suppliers are carefully selected because of their ability for fast turnaround time. Their sales channels include their website, Amazon, and eBay.
While this brand has benefitted from word-of-mouth referrals from satisfied customers, they generate high organic traffic through their social media marketing, email marketing to 29,000+ subscribers, and SEO program that includes a blog on their website. Together, these tools are bringing them 15,200+ unique monthly visitors. This is an easy business for a new owner to scale, including by expanding into new markets and adding an influencer campaign to their social platforms.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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