Online Fabric Reseller $100k
Canberra Region, QLD
Last asking price $100,000
Sold June 2023
General Retail
Online Fabric Store - household fabrics, reseller model, multiple growth opportunities
FY15 SUMMARY
- Sales: $265,674 (excl GST)
- Avg monthly sales: $22,140
- Gross profit: $152,200
- Adjusted net profit: $62,000
- Unique visits to website: 233,314
OVERVIEW
- e-commerce business that provides household fabrics to its mainly Australian customer base
- Easy to operate, dropship model, stable growth
- Avid following on social media and over 6,300 users on their mailing list
- Strong market position with few competitors in the undeserved Australian fabric market
- Operates on OpenCart, a very widely used e-commerce shopping cart platform
- Full website statistics available (233,314 unique visits in last 12 months)
- Started 4 years ago with 150 fabrics, now have approximately 3,000 items on offer
- Business would benefit from selling fabric for clothing (currently mainly sells fabric for home decorating such as window coverings, covers and cushions)
- Business requires approximately 30-40 hours of owner's time per week
STRENGTHS/ BENEFITS
- Home based business requiring minimal external resources
- Reseller model meaning minimal or no stock held
- Multiple growth opportunities
- Strong supplier relationships in place
- Can be operated from anywhere in Australia
Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business. Please quote reference BR1143.
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