Online Kitchenware Reseller
SYDNEY NSW
Last asking price $90,000
Sold June 2023
General Retail
Online Kitchenware Store - sells online to home and commercial customers via website. Range includes bakeware, cookware, cutlery, dinnerware, drinkware, knives, serveware
Sales figures for last 3 years
- 12/13: $164k (6 months trading)
- 13/14: $462k
- 14/15: $458k
Other financial information for 14/15 financial year
- Avg monthly sales: $38,000
- Gross profit: $212,000
- Unique visits to website: 122,327
OVERVIEW
- e-commerce business that sells online to home and commercial customers to a mainly Australian customer base
- Currently based in Sydney, could be relocated to anywhere in Australia
- Deals with 1 major supplier and 7 smaller suppliers
- Currently over 7,000 SKUs on the website, opportunity to expand range
- Over 95% of range is not held as stock, it is drop-shipped by major supplier
- Easily managed and operated by one person
- Website built on Magento platform
STRENGTHS/ BENEFITS
- Home based business requiring minimal external resources
- Dropship model meaning minimal or no stock held
- Multiple growth opportunities including targeting the hospitality industry
- 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 BR1147.
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