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West Michigan Powersports Accessory eCommerce

Michigan, United States
Asking Price$599k
Revenue$1.63m
EBITDA$296k
Cash Flow$407k
Description
Capstone Business Brokerage is pleased to bring to market a high cash flow and very well-established online retail business and private-label powersports accessory brand. With over twenty years of operation in eCommerce through Amazon and their own website, the company is ready for the next phase with new ownership. Amazon sales make up 73% of their revenue, with the remainder through their website. Throughout the past five years, the company has had an impressively profitable and stable performance, featuring nearly 54% Gross and 16% Net Profit Margins. Ownership is comprised of two individuals that work full-time, as well three packing and shipping employees – one full-time and two part-time. For sale is a complete turn-key business operation which includes a website and Amazon store, customer list, name and goodwill, as well as the real estate. Inventory, which is not included in the purchase price, will be evaluated prior to close and priced accordingly. This business is SBA eligible for well-qualified buyers.
Real Estate
$1.20mNot Included in Asking Price
Building Size: 18000 sq. ft.
Inventory
$600k
Business is
Relocatable
Number of EmployeesFull-Time: 3
Year Established
2000
Reason Selling
The owners are planning on a smooth transition toward retirement after the sale.
Facilities & Assets
The company owns and operates out of a 18,000 SF facility in West Michigan.
Support & Training
Current ownership is willing and able to support a successful transition and can be flexible to train new owners as needed.
Market & Competition
The products offered are in a specialty niche of powersports accessories and do have competition in the online marketplace. That said, their strong ratings and tenure within the Amazon marketplace (4.5 stars with thousands of reviews) and website with equally impressive metrics give them a leg up in the growing marketplace.
Growth Opportunities
1. Expand Product Offerings: The current catalog of products has a narrowed focus and could be expanded upon. 2. Added Brick & Mortar Relationships: The products could be sold directly to retailers with physical storefronts at competitive pricing. 3. Ship Products from Warehouse in the West. This will decrease transit time and increase competitive advantage on the Amazon marketplace and website.
Financing Options
Seller financing is available.
Asking Price$599k