Total of 18656 firms and businesses for sale today Friday 26th April 2024
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Sold. Hunting Ecommerce Business With 10 Years Of History

LISTING DETAILS
Firms For Sale ID:
34387
Vendor reference:
351216
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$225,000  
Turnover / revenue:
$252,802
Net profit / cashflow:
$73,322

OTHER DETAILS
Reason for selling:
Owner has been doing this for 10 years and has been losing interest for some time now. He has started another online business that is more profitable with more upside than this one. He needs the capital and time to grow the new venture.
Support and training:
Owners will provide transition, training and support as needed to ensure a successful transition and they are open to discussing any specific needs the new owner has.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is an eCommerce business in the hunting niche with 10 years of history. This is the 'Sports and Outdoors' market. This industry is served by many large companies (Cabela's, Bass Pro, Walmart) plus thousands of small gun shops. This eCommerce site has carved out a specific niche successfully for the past 10 years.

Their main niche within the hunting market is serving customers outside the US which is underserved by their competitors. Historically non-US sales has accounted for about 65% of sales. Currently it is about 55% of sales. The business is not a dropship business, however, inventory is typically not ordered until a firm web sale has been received and therefore cash turnover is high. This physical products business can be run from anywhere. At the current sales level, one person needs to spend about 30 hours per week at most on running the business.

The brand name is the most valuable asset. The business also comes with over 20,000 customer emails that have not utilized yet for email campaigns.

Expansion Potential
There is a lot of room for growth within the US. International sales can also be expanded. Products can also be sold on Amazon. Someone good at social media and other forms of advertising would increase sales. They have never done an email campaign to the existing customers which could also increase sales.

Overall this is a great opportunity for the right new owner to acquire an eCommerce business with 10 years of history that still has simple ways it can be grown. It would greatly benefit from a new owner that is able to do more marketing and traffic generation.

Market / Competition / Non-Competition Agreements
The hunting market is huge and this particular niche sees little to no effect from gun control proposals.