Profitable Online Business | Specialty Grocery Store

Business For Sale Cromer, New South Wales 2099

Business Category Supermarket

$130,000

Description

Profitable Online Business | Specialty Grocery Store

Sale Price: $130,000 + Stock at Value Online grocery retailing business based in Sydney established in 2019 supplying over 18,000 different products to households and small businesses locally in Australia and worldwide. We stock a wide range of grocery specialty products in retail and bulk sizes not offered by major supermarkets.

- Essential “lockdown-proof” e-commerce business trading for 2+ years.
- 61% turnover growth last year and continuing to expand every month.
- Existing, active loyal customer base with recurring weekly orders.
- Operating out of a small warehouse located in Sydney’s northern beaches with minimal rent $550/month.
- Managed business with small staff presence in Sydney with one part-time warehousing assistant and one part-time driver and several support staff working overseas.
- Low risk on-demand business model with minimal stock holdings and potential to add thousands more products.
- Multi Channel Business fully integrated with eBay and own eCommerce site. Integrations in progress with Catch, Google Shopping, and Amazon.
- Marketing partnership with CBA staff rewards program.
- Good visibility on Google and other search engines. With over 6,000 visitors a month (and growing).
- Robust e-commerce platform with every aspect of the website functionality from shipping, recurring subscriptions to email marketing and customer service being fully automated with integrated applications.

Financial Metrics Revenue 2020 Financial Year: $252,131 Revenue 2021 Financial Year: $410,945 Revenue 2022 Projected: $660,000 Stock: $7,100 Approximate Equipment Market Value: $25,930 Annual Rent: $7,180 (Inc GST) Annual Net Earnings: $53,842 for 2021 Financial Year to Owner/Operator
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Bsale ID: 555992
Broker REF: 3337846

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