Business Summary:
This dropship e-commerce company, priced at $4,700,000,has over 20 vendors and 75+ manufacturers, which is whythey are able to offer over 400,000 SkU’s, focused on officeand janitorial supplies. They primarily service B2Bcustomers, made up of small to medium sized businessespurchasing office and janitorial supplies. In addition to theirsuccess, they were awarded a contract to sell officesupplies to a network of over 250 hospitals and 350,000shipping locations nationwide, including doctors’ offices.Their software, Channel Advisor, can manage up to 1million SkU’s, allowing the new ownership significant roomfor growth. Being a dropship company, they carry littleoverhead, and with the extremely efficient team of 7 crosstrained employees, this order fulfillment company can berun from anywhere in the United States. This is proven, asthe owner currently lives in Tampa but has relocated to 3different states over the last 10 years. Their website ishighly secure with the Green Address Bar SSL Certificate(highest in industry standard, equal to bank standard) and istested daily to ensure its durability. The business ispositioned to grow and expand in the online retail space.They are qualified for Amazon Seller Prime but are notcurrently using it – taking advantage of this qualificationwould lead to a substantial increase in traffic and revenue.The current owner is looking to sell this business due tohealth concerns as he is preparing to undergo back surgerybut is confident of the continual success of this businessand has offered a much larger than normal Promissory noteof 25%, plus 1 year of training!
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