Business To Buy
Net: $400K-Ecommerce, Authentic Urban/Street Apparel |
| Orange County, California |
| This high growth (23% year over year), owner-operated E-tailer has customers in 50 countries around the world. This is an extraordinary chance to own a cutting edge company for a reasonable price with an established customer base. The Company was founded in 1999 when the owner saw that for the consumer there were no significant venues for Hip Hop or Urban Clothing. Initially started selling items that were popular and in demand among the younger population of celebrity, Hip Hop, Skate, and Street Ware. In 2003 the website was launched and soon became the number one Supplier of authentic street wear with exceptional customer service. The company has grown aggressively year after year, and has customers in 50 countries around the world. Over its 9 years of operation, many competitors have come and gone while it has steadily grown into one of the largest and most profitable Urban Wear E-tailers on the web. This growth shows no signs of slowing, and the Company believes that the conditions exist for continued expansion in the coming years. The U.S. Department of Commerce reported that online retail sales grew by almost 25 percent annually in recent years, to an estimated $86.3 billion. While no figures are currently available for the online Apparel industry, in those industries that have been studied it has been found that online sales are steadily gaining a greater share of the overall market.In 2007 sales were close to $1.85MM, with a Seller’s Discretionary Cash Flow of close to $400K (projected 2008). Price includes $200K of Inventory.Go to www.CrossRoadsBusiness.com and download an NDA. Fax to Vasilis Georgiou at 949-266-8495. |
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Financials |
| Price: $1,299,000 |
| Gross Income: $1,842,000 |
| Cash Flow: $400,000 |
| FFE: $10,000 |
| Inventory: $200,000 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: # |
| Year Established: 1999 |
| Financing: negotiable |
| Training: excellent |
| Facilities: |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Vasilis Georgiou |
| Company: CrossRoads Business Brokers |
| Phone: 944-753-2825 |
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| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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Net: $400K-Ecommerce, Authentic Urban/Street Apparel |
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