The business in question, founded in 2000, specializes in providing top-notch archery equipment and related items to customers in the United States and Canada. It has built a solid reputation for being customer-focused and driven by results. Despite the challenges posed by the COVID-19 pandemic in 2020, the business maintained an impressive website traffic with over 33,000 monthly visitors. Furthermore, it has a significant social media presence, particularly on Facebook, with over 5,000 followers.
The business operates as an eCommerce platform, allowing it to offer products at competitive prices by selling directly to consumers. It eliminates the need for maintaining inventory by using a reliable primary supplier with a long-standing history since 1952. This supplier provides an online portal for seamless order placement and direct shipping to customers. The business also has connections with other suppliers as a backup plan for inventory shortages.
The current owner is selling the business due to a shift in personal priorities, attributing it to a desire to retire and spend more time with family. The owner suggests that someone passionate about archery and the outdoors, with a decent understanding of digital tools and computing, would be an ideal successor. The sale includes various business assets such as customer and vendor contacts, custom technology, and social media accounts. Post-sale support is offered to ensure a smooth transition for the new owner. Overall, the business presents an attractive opportunity for adding a new income stream in the archery and outdoor industry.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More