The text details the sale of a four-year-old eCommerce business specializing in a unique auto accessory product, which the current owner developed and has a pending patent for. The business uses a stock and ship model and operates through a retail eCommerce platform. Key financial metrics include an average monthly revenue of $16,647, a gross profit margin of 65.4%, and an average net profit of $9,879, with a net profit margin of 59.3%. The business attracts 5,520 monthly sessions with a conversion rate of 10.71% and an average order value of $24.90. Current operations require only about 5 hours of owner attention each week, and fulfillment is conducted by a local individual paid per order.
The business is listed for sale at $550,000, considering the net profit multiplied over four years, tooling equipment valued at $50,000, and the patent valued at $25,000. Sale includes the website, inventory, tooling, patent, customer mailing list, and social media accounts. The business also offers growth potential through expanding product lines, raising prices, increasing paid advertising, and enhancing eBay and Amazon presence. A unique aspect of the business is its high conversion rate due to the auto accessory effectively solving a specific need for consumers. Moreover, the seller offers potential buyers a 90-day support period post-sale and suggests the possibility of outsourcing daily operations.
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21 transactions totalling USD $2,511,520
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