This is a thriving ecommerce business, successfully selling worldwide and has rapidly grown over its 8 year history. Highly profitable and systemised, this would be a fantastic acquisition for an existing ecommerce or retail business. The business has a genuine competitive advantage and a captive market with a repeat order rate of 30%.
There has been significant investment in automation to optimise productivity and order fulfilment accuracy, with operations requiring minimal input from the seller. This has been partly been achieved through custom built apps integrating into Shopify, which would be easily transferable to other ecommerce businesses wanting to replicate their success.
Annual revenue has been approx. $5-8m with high net profit margins and very low returns at less than 3%.
Approx. 70% of revenue is from overseas customers, predominantly the USA, with all orders shipped from their warehouse in Melbourne. There is huge potential to scale this business to increase sales in other countries.
Contact Simon James today for more information.
Property Code: 447
