For Sale:
Fast Growing eCommerce Business in the Appliance Parts Niche – Over 50% Net Profit Margin
Asking Price: $300,000
Description
Front load washer and dryers are becoming the norm in North America replacing their older top load cousins. Not only are they more space efficient due to their stack-ability, but they also use less energy, water and detergent. Unfortunately, due to the high RPM’s they operate at their bearings tend to wear out sooner. After years of refurbishing appliances, the owner of this business discovered that there were two or three particular parts that were the main cause of product failure and in tandem developed a simple method for isolating these parts for easy replacement in the most common washers on the market. With the success of his refurbishing business, the owner decided to test selling the actual parts on eBay and the results were tremendous. After posting and selling these parts on eBay, he built his website next and later expanded further by setting up an Amazon store.
This business is successfully operated by one owner working about 20 hours per week. With most of the inventory readily available at the supplier and only a small amount stocked on hand, this business is run from a home based office, is easily relocatable and can be operated from any location with internet access. Product inventory is 100% in-stock with the current value of inventory on hand held at the owner’s home office at about $600 which is included in the price. With the business selling its products through three sales channels: its own website, eBay, and Amazon, the owner has been able to generate a great income with minimal time commitment.
Financial Overview
| Gross Revenue | $210,418 |
|---|---|
| Cash Flow | $107,127 |
| Archive Date | 04-26-2016 |
| Status | Archived |
| Year Established | 2013 |
| Employees | 0 |
| Inventory | 2 |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Household Appliances |
| Location | USA, Oregon (Clackamas) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
With the effort already put forth and the foundation that has been established, a new owner can chose to ride its current trend of success by maintaining the quality products offered, superior customer service and fast shipping. To springboard from there into further expansion, a few strategies for future growth include adding new products to the current offering as well as expanding SEO efforts to include long tail keyword optimization which would provide a good ROI.
Competition
This business has set itself apart by offering the highest quality products in addition to providing the largest selection in the U.S. and Canada, fulfilling fast shipping, providing complimentary and completely automated customer service as well as top customer training resources.