SOLD!! SOLD!!! LET US DO THE SAME FOR YOU!
Established 8 years ago with the sole purpose of establishing an online eBay store selling a range of furniture products which are sourced from local suppliers. The aim was to create a simple business to suit a relaxed lifestyle and with minimum overheads, no stock, no debtors owing and no retail premises.
This is a relatively simple business to run as all the systems are in place. It has a unique philosophy, a simple marketing plan & intellectual property (incl. policy and procedure manual).
Currently home based with minimal overheads. However, it can easily be expanded to include a showroom if so required. No stock holdings as the stock is ordered from the local suppliers only when the customer has placed an order and has already paid for the goods so there is no risk of bad debts and always a positive cash flow. There is an extensive client database in the eBay system built up over many years through the fully functioning eBay account which would be transferred to a new owner.
Sale includes the trading name & excellent reputation and feedback ratings, eBay account and substantial customer base. The seller, who is now retiring, is also willing to provide the training required for a smooth transition.
This is an ideal lifestyle business to ramp up as required.
- Status: SOLD!!
- Summary: Sale of furniture through an Ebay account
- Code: RN 583
- Sector: Non Food
- Type: E commerce
- Location: Sydney
- Sales: $606,449 ( $3,400,000 )
- Period: Annual
- Net Profit: $197,000
- Stock: ( $450,000 )
- Price: $295,000 ( $1,200,000 )
- Long Financials: Tax returns available for due diligence
- Staff: 1
- Lease: Home based