21 Year Old Retail E-Commerce

New York, New York

  • Asking Price: $1,100,000
  • Gross Income: $1,300,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $100,000
  • FF&E: $190,000
  • Listing ID: #226704
  • Established: 2000
  • Employees:

Business Description

Unaffected by Covid, this business grew 29% in 2020 on top of 22% in 2019. This is a 21-year-old company who is a leading internet retailer of personalized boating products with retail location and distribution sales. Company has a manufacturing presence to customize and personalize a variety of unique boating accessories. Company is one of the leading distributors in the U.S. of the portable desalination systems.

Distributes products to host of internet retailers and Amazon
Name brand recognition within the marine industry
Strong vendor relations with industry leaders
Great business location with under market lease. Building 6,000 sq ft plus 5,000 sq ft of fenced space which has rental income.
Small loyal, dedicated work force
Assets include manufacturing equipment, inventory, purchase orders, receivables, email/customer lists.

Business Details

Primary Business Category: Internet Related - Other Internet
Location: New York
Metropolitan Area: New York

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,100,000
Gross Revenue: $1,300,000
EBITDA: $305,531
FF&E: $190,000
Inventory: $100,000
Seller Financing Available: No

Property Information

Reason for selling:

New Venture

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Business Listed By:

Rick Brown

MergersCorp M&A International