E-commerce with Amazon Ebay Walmart in LA County
Well-established E-commerce business sells general merchandise from IT accessories, kitchenware, and furniture to stationery, sports, to outdoor products. It also creates niche product lines on high-end product and personal care. Besides its own online websites, the business channels the sale through Amazon, EBay and Walmart with an average rating of 4 plus stars. The company owns multiple brands and registered trademarks with customers across North America. It maintains good books and is E2 viable.
The business has its major suppliers based in China. The average markup is around 100% and the gross profit margin is about 63%. Besides the owner, there are two full time workers handling the business.
The business has a facility around 5,674 SQ FT in Los Angeles County off major freeways and could be relocated. The reason for the sale is owner’s other business obligations. Owner will provide free training and offer non-compete.
Disclaimer: The information has been supplied to the Broker by the Seller. Sunbelt Business Brokers Pasadena Expressly Disclaims any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. Sunbelt Business Brokers Pasadena believes the information to be correct but has not verified or checked it. Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation by the buyer.
For more information, please contact Iris Chen at (626) 506-0300 or email her at [email protected] A full NDA will be required for more details.
Background information
Reference:
1818-IC
Year established:
Upon request
Reason selling:
Other business obligations
Finance
Sales:
$780,000
Profits:
$188,000
Profit type:
Discretionary Earnings
Operations
Employees:
2 FT
Equipment:
$18,000 included
Inventory:
$50,000 - Not Included
Premises
Facility:
5,674 SQ FT in Los Angeles County off major freeways and could be relocated.
Square footage:
5,674
Location:
LA County by major freeways
Price and terms
Price:
$390,000
Down payment:
$390,000
Training:
2 weeks @ 20 hrs per week