Sold $4,000,000 Covid-19 Proof E-commerce Online Store - E.o.i (15105)

Melbourne, Victoria 3000

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 15 years of trading history
  • Positive profit every year
  • Business is free of debt
  • Reputable brand with outstanding customer service
  • Solid business foundation and structure
  • Easy to run with well-trained staff
  • Turnover: $3,200,000 (2020), projected $5,500,000 (2021)
  • Net Profit: $20% to 25%
  • Rent/Lease: Lease in place
  • Stock Value: Included
  • Established: 15 years

Business Details

Business Category General Retail

FOR FURTHER DETAILS ON THIS BUSINESS TEXT STEVEN "E-COMMERCE ONLINE STORE" ON XXXXXXXXXX TO RECEIVE AN ONLINE CONFIDENTIALITY AGREEMENT, FOLLOWED BY AN INFORMATION MEMORANDUM, FINANCIALS & 3D VIRTUAL TOUR OF THE PREMISES.

E-COMMERCE ONLINE STORE
This amazing opportunity in the e-commerce online space specialises in selling a range of electronics products through multiple different platforms. However, with 35% of revenue being run directly through its own website.
The online e-commerce market is booming. Prompting a change in the mindset of consumer, COVID-19 has forced shoppers to use e-commerce to buy goods.
Winning business formula that sees at least 50% to 80% increase in revenue year by year. The business generated $2.1million sales revenue in 2019 financial year and is generating $3.2million sales revenue in 2020 financial year, about 50% increase in revenue, business projection is that sales revenue for 2021 financial year will be about $5.5million. And generating profit of 20% to 25%.
The scalability on this business is endless.

KEY POINTS
* 15 years of trading history
* Positive profit every year
* Business is free of debt
* Reputable brand with outstanding customer service and high-quality products
* Solid business foundation and structure
* Easy to run business with well-trained staff
* Business can be expanded easily by adding new product categories to cover more electronics goods. Additionally, business can also join more marketplaces to increase brand exposure.

FINANCIAL SUMMARY
FY16
Revenue $2,008,745
EBITDA $415,345

FY17
Revenue $2,367,972
EBITDA $496,431

FY18
Revenue $2,431,843
EBITDA $583,431

FY19
Revenue $2,188,888
EBITDA $425,786

FY20
Revenue $3,128,836
EBITDA $635,862

Online 3D Tour of this business available, contact us now to find out more!

For more information please contact Steven Mostafa from LINK, formerly Klemms on the below:
Phone: XXXXXXXXXX
Email: XXXXXXXXXX

Additional Details

Price: SOLD
State: Victoria
Net Profit: $11,153

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
LINK Business Melbourne LINK Business Melbourne
Steven Mostafa

Bsale ID: 629986