SOLD – Profitable Online Premium Watch Retailer

Business Description

Established in 2017, this e-commerce company sells well known high-end products primarily across Canada and Worldwide. With minimal operating costs, the company has established a substantial following including regular customer referrals and a strong online and social media presence. This business maintains a small physical location however is relocatable. The owner operates the business part time, and this opportunity could see exceptional growth with a full-time owner. The company has grown from $67K in sales in 2018 to over $2MM over the last year. Further growth potential includes the expansion of product lines as other top brand names have contacted the company to showcase their products. Full training and support is available. Do not miss this amazing opportunity!

Details

Business ID: CALG0011
Business Category: Nonstore Retailers
Location: Alberta, Calgary Region, Calgary
Financing: Available
Status: Sold

Company Information

Year Established: 2017
Franchise: No
Number of Employees: 1

Financial Information

Asking Price: $ 980,000
Gross Revenue: $ 1,214,725
SDE: $ 477,000
FF&E (included): $ 25,000
Inventory: $ 50,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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