Website Closers has been engaged to locate a buyer for a seasoned internet company that has built a leading, private label array of products in the lucrative fly fishing industry. The company’s focus is primarily via the Amazon.com website channel, but it is ripe for growth on other online channels, including its active website. This Internet Retailer was built on the principal of selling the highest quality products at the best prices. Since inception, this Trademarked product line has grown to over 250 branded SKUs including rods, reels, line, flies and complete starter kits.
Founded in 2006, this exciting, high growth Internet Company continues to show amazing results with over 70% YOY Earnings growth, posting over $896k in 2017 sales with earnings of $285k. The company’s books and records have been reviewed and look clean, making this a great opportunity for an SBA loan. Contact us to learn how qualified buyers can purchase this great company for AS LITTLE AS 10% DOWN!
The company is currently home based and does not require additional staging space at current levels since most inventory is stocked through Amazon’s Fulfillment by Amazon warehouses. A new owner could easily move the business into a small office and/or warehouse for expansion purposes. This allows a new owner a great deal of flexibility from both location and scale perspectives. Thanks to FBA, the company can be operated from almost any location, and by not having the overhead, capital expenditures or other headaches of a warehouse facility (at current cash flow levels), the new owner can be focused on expanding the Company into additional sales channels before scaling the company’s physical footprint.
Regarding scale, the company can be further developed in a number of different directions almost immediately following acquisition, including expanding the company’s own eCommerce website (and marketing it accordingly), expanding the product line, and growing the company internationally by using multiple Amazon platforms (and warehousing) located around the world.
This company has everything smart entrepreneurs, investors and lenders are looking for in an M&A opportunity: High Growth, Proprietary Product Lines, Great niche (Sports and Outdoors), Highly Scalable and Clean Numbers.
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