This well respected RV Technology company offers High Tech RV Accessories that benefit all RV enthusiasts. Products range from Rand McNally RV GPS, Dash cameras and back up cameras to tire tracker inflation monitoring systems, progressive electrical protection systems, Wi Fi and Cell Phone Boosters, LED bulbs and lighting, Mac Burton Induction Cooktops and much more.
This straightforward business could be easily operated from anywhere and seamlessly transferred to a new owner as it has very low overhead, is easy to manage and learn. By adding some additional, new branded products (such as the ones the current owner has already started adding), such as generic LED Lights and dash cameras, the growth opportunity is big. All the supplier relationships, automated website and automated inventory system via smart warehousing are already in place.
In 2015, 45% of the US population will be over 50 years old, and 2,700 turn 50 every day. October 2014 was the largest month for orders of recreation vehicles in the last 38 years. The overall RV market grew over 14% with tow-able RVs leading the growth (mostly younger families). The owner has built this business from the ground up, and after half a decade of work, they are ready to begin a new chapter in their lives.
The solid reputation of this company has translated into effective readership of their newsletter with over 9,000 subscribers who have come to know and trust it for educational purposes, which drives growth to the company website. 50% of their customers are repeat business. The website has high quality traffic, with over 75% of their customers owning motor homes (typically worth $2-500,000). This automatically puts them in the top 1% of the national average net worth.
This is a great opportunity for a currently operating eCommerce Internet company, or for someone with a strong technical background that would like to get into the Internet Sector.