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

Business Sold Melbourne, Victoria 3000

Business Category Other Retail

SOLD

Description

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

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

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


Contact Seller
Steven Mostafa

Bsale ID: 629986
Broker REF: 15105.3

Link Business Melbourne