Location: Orange County
Industry: Websites and Ecommerce
Listing ID: 01985352DZ
Listing Status: Reduced Price
Listing ID - 01985352DZ
For sale is a highly profitable eCommerce business specializing in the online auction of sought-after Asian collectibles, including ceramics, porcelains, metals, scrolls, jades, bronzes, wood carvings, Tibetan arts, clay teapots, and various vintage items such as non-graded coins (sold "as is"). This young yet well-established business, recognized with the prestigious "Top 10%" award from a major online auction platform, consistently attracts both buyers and sellers, ensuring a seamless flow of sales and inventory replenishment.
Sales transactions are carried out through the online auction platform, including pre-and post-auction sales. All shipments are handled by a reputable third-party logistics company that oversees the process from the company's warehouse to final delivery. The business model's simplicity, with "as is" sales and streamlined logistics, makes it easy to run, free from traditional liabilities such as product damage or warranty concerns.
With a reliable procurement operation and a steady supply of products from Asia, the company obtains high-quality estate consignment products, primarily free of reserves, guaranteeing excellent throughput and high profitability.
In 2022, its first full year of operation, the business generated over $500k in profit, a testament to the current owner's talents and dedication. Due to a family decision to pursue other interests, this streamlined and highly profitable venture is now available for a new owner.
The seller is committed to a smooth and successful transition, offering comprehensive training covering all aspects of the business. This thriving business, distinguished by its remarkable profitability, growth potential, and ease of operation, stands as a truly unique opportunity, ready for passionate new ownership.
Don't miss out on this extraordinary chance to embark on a rewarding journey with this highly profitable eCommerce business, offering real, tangible products with a steady and stable supply. Contact us now to explore this once-in-a-lifetime opportunity.
Down Payment: $550,000
Total Sales: $870,000
Cash Flow: $528,620
Accounts Receivable: N/A
Inventory Included: No
Year Established: 2019
Days & Hours of Operation: 5 Days (Mon to Fri - 9am to 6pm / Sat & Sun - Closed)
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: 3 Years Option
Real Estate: N/A
Monthly Rent: $3,500
Type of Location: Warehouse
Square Footage: 2700
Reason For Sale: Family Decision to Focus on Other Matters
Family Decision to Focus on Other Matters