Business Summary:
This dropship e-commerce company, offers over 400,000 SKU’s, focused on office and janitorial supplies. With over 20 vendors and 75+ manufacturers, they primarily service B2B customers, made up of small to medium sized businesses. Their software, Channel Advisor, can manage up to 1 million SkU’s, allowing the new ownership significant room for growth. Being a dropship company, they carry little overhead, and with the extremely efficient team of 7 cross-trained employees, this order fulfillment company can be run from anywhere in the United States. This is proven, as the owner currently lives in Tampa but has relocated to 3 different states over the last 10 years. Their website is highly secure with the Green Address Bar SSL Certificate (highest in industry standard, equal to bank standard) and is tested daily to ensure its durability. This business has been awarded a contract to sell office supplies to a network of over 250 hospitals and 350,000 shipping locations nationwide, including doctors’ offices. The current owner is looking to sell this business due to health concerns as he is preparing to undergo back surgery but is confident of the continual success of this business and has offered a much larger than normal Promissory note of 25%, plus 1 year of training! Priced at $3,900,000, the business is positioned to grow and expand in the online retail space. They are qualified for Amazon Seller Prime but are not currently using it – taking advantage of this qualification would lead to a substantial increase in traffic and revenue.
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