Boutique customs brokerage. We file US exports online for individuals moving abroad, cars going to Canada, and infrequent exporters, such as eBay sellers.
The business being described is a fully remote customs brokerage service specializing in export documentation for US clients, with a notable focus on vehicle exports to Canada, accounting for 80% of its revenue. The business can be maintained with a weekly commitment of 10 to 15 hours, primarily involving data entry and customer communication. Established without the need for certifications, this venture has shown consistent growth, escalating from $74,760 in revenue in 2019 to $106,610 by late 2022, despite encountering certain anomalies like outsourced work costs and legal fees. The business boasts an 86% profit margin in 2022 and comprises completely intangible, easily-transferable assets. It is designed to be easily mastered within a week, with the outgoing owner providing personalized training to the new owner.
Customers discover the service primarily through online searches, and many prefer using the business’s simplified forms for submitting export data to the US customs system. The business sees a significant amount of repeat business, especially from Canadian brokers, with additional revenue from individuals exporting low-tech consumer goods.
The business offers ample growth opportunities, such as improving its online presence, marketing initiatives targeting USPS customers and eBay sellers, and potentially increasing prices, which have remained unchanged since 2014. The current owner is selling the business to return to their career as a data scientist.
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