Amazon and eBay reseller with a 56% profit increase over the last year. This business earned its owners profit of over $151,000 in its 2nd full year of operation with a recognized search name on Amazon for specialty toys and games.
Easily operated from anywhere, the inventory is sourced by the current business owner and held at the fulfillment warehouse offsite. The total cost of company-owned inventory housed elsewhere is $207,489 before markup. Inventory turns more than 13x each year.
To ensure a smooth transition for an incoming owner, the current Seller will provide 90 days of training and support to the incoming buyer. The Seller has started a new project that is requiring additional capital, hence the reason for the sale.
Profiting more than $151,000 in 2015, a new owner could operate this business absentee with one employee, pay all debts and still profit $77,696 in the first year.
Net operating income in year 1 after debt service equals $77,696 when applying the above funding scenario.
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