Online Kitchenware Reseller

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 build 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 0411 145 114 for a confidential discussion about this business. Please quote reference BR1147.

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