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eCommerce Store With Excellent Reputation & Customer Base For Sale

Durban, KwaZulu - Natal
Asking Price:
R5,200,000 Inventory / Stock included
Sales Revenue:
R16,000,000
Cash Flow:
R500K - R1.5M

Website is extremely automated, from reporting to ordering to customer satisfaction queries and delivery reports. Product database is also automated, with millions of products listed for sale.

Excellent social media reviews, with a strong social media following.

More than 75 000 registered customers.

The business currently employs 3 staff members which is made up of 2 x email and live help support employees and 1 x picking, packing and shipping employee. Then general office tasks are shared among the 3 of them.

The business has shown excellent growth, and is dominating in it's category. Excellent opportunity for someone who has advertising experience or contacts, as the business does very little advertising. With a bit of SEO the business can definitely expand further.

Currently operates from home, so an excellent opportunity if you are looking for a home based business. Would recommend a minimum of a double garage for packing, receiving and shipping.

Selling due to the crime in SA, and are looking to immigrate. I can assist and continue with the business support from abroad if need be. Further information available upon request, please contact seller below for more details.

Property information

Location:

No need for a retail location, customers only order online.

Premises Details:

Currently running out of an outbuilding on a residential premises.

Business Operation

Expansion Potential:

I have allocated a very small advertising budget and the business relies heavily on word of mouth. Allocating more funds to advertising can definitely increase sales substantially. In addition, very little time has been allocated to SEO. We have found an excellent SEO company, and results are starting to filter through. Mobile site also needs to be worked on, as there definitely is a move towards ordering on mobile phones. Huge growth potential.

Competition / Market:

We have 3 "main" competitors, one has been in business for a number of years. The second has been in business for a shorter time. Both have other interests and are not targeting our space effectively. The third is not based in SA - and targets various markets throughout the world.

Reasons for selling:

Been in the online space for more than 10 years, and have built many successful relationships over the years. It's an extremely difficult decision as the business is doing extremely well, but due to the excessive crime in our area, we have decided it's time to move on.

Trading hours:

9am to 5pm

Employees:
3
Years established:
6 years

Other Information

Support & training:

I can provide support, advice and training. I can also provide additional support while abroad, including product negotiations and logistics support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Willing to seller finance 10% of the purchase price, payable over 3 years.

Inventory / Stock value:
R150,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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