9 yr old eCommerce with healthy margins

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Background

BizEx ID:BizEx1430-SL
General Location:Los Angeles, CA
Category: Miscellaneous Manufacturing
eCommerce
Years in Business:9
Under Present Owner:9
Hours of Operation:8-5 M – T, F 8-3
Owner Hours:very limited
Training:16 weeks @ TBD hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:
Building Size:2,769 sqft
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$495,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:$180,576
FF&E:
Inventory Included?No
Inventory:$150,000
Min. Operating Capital:
Real Estate Available?No
Rent:$5,488
Payroll:$5,250
Financing:SBA

2023 2022 2021
Gross Sales $ 2,025,801 $ 2,200,039 $ 2,911,165
Gross Profit $ $ $
Disc. Earnings $ 180,576 $ 241,998 $ 247,237

Pictures

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Description

A 9-year-old eCommerce company in the Los Angeles area is available for a 100% buyout.  Semi-absentee owner and the owner lives overseas and is looking to retire. The business has both B2B and DTC revenue from their own website, Amazon (95% of revenue), Walmart and Ebay.  Light manufacturing of the products is being done by the existing team and it is quick and straightforward without any capital equipment required.  The business works with some non-profits that are making a difference in the community,

  • Products and Services: Stickers and labels, offering large variety of sizes and colors for individuals, schools and companies. 
  • Employees: 2 FT, 3 PT and 4 contractors
  • Note that one of those employees is an office manager earning 65k per year and those activities could be performed by a full-time working owner
  • Marketing: early in 2023 the owner discovered performance issues with an outsourced marketing service, that has since been corrected with a new service that had their Q4 2023 revenue back to normal levels, and net margins will return to 2022 and 2021 levels. 
  • 2023 revenue: 2.03M with owners adjusted earnings of 181k.  The office manager role is not included in the 186k adjusted earnings. 
  • The business is being offered at 495k

 

For more information, visit Bizex.net to complete the Buyer Registration & NDA Contact: Steve Lukes at 310.871.2909 - slukes@bizex.net


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Steve Lukes
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations