E-Commerce IT Solutions & One Stop PC Component Company.
San Jose, CA
Robust IT Solutions E-Commerce company with growing sales income. Sales continued to surge throughout SIP. 2000 + products selling online. 4.5 star rating, 700+ lifetime reviews on Amazon. Key Vendor relationship transferable to buyer. Low OPEX. Plus equity share in software Co. owned by the founder/seller Founded in 2005, this is a profitable and well-established IT Solutions and one-stop computer server component eCommerce company. Asking price includes equity share in software Co. Launched in 2020 by the same ownership. Exponential growth since launch. The E-Commerce company began with a "brick and mortar" business model, utilizing traditional marketing strategies to build a solid customer base during its early years - cold calls, direct marketing blitz, SEO optimization, etc. On December 31, 2013, it migrated to online sales focusing on the Amazon sales channel platform. Within 7 short years it successfully built a strong presence on Amazon. It consistently achieved excellent Account Health and Performance Metrics from Amazon plus superior customer feedback score of over 90%. Today this company offers over 2,000 products for sale on multiple online sales platforms Amazon.com, walmart.com, eBay.com and their own company website. It is a robust lucrative e-commerce company with growing online sales revenue year on year. Currently 80% of the sales revenue is from its seasoned Amazon online storefront, 10% from other online sales channels and 10% from direct company sales. Direct company sales generate a higher profit margin. Fulfilment of all online orders are processed and shipped at the company's own location, not by any of the online sales channels. 'It is a combination of competitive pricing, technical expertise and superior customer service that has enabled our company to build a more than 4.5 star rating and over 700 lifetime reviews. We started selling on the Amazon channel on 12/31/2013, and have achieved remarkable sales growth year on year.' Founder/Owner While more than 80% of the sales revenue is from the Amazon sales channel today, the Owner is confident that there is still a huge potential to expand sales revenue more aggressively through the relatively untapped domestic marketplace, like Walmart.com, ebay.com, the company's own website etc. and international marketplace through Amazon. The Company's key domain names which also enjoy high rankings are included in the sales offering. In addition to its desirable e-Commerce capabilities and reputation, this company was awarded a highly coveted distributorship by its key Manufacturer Vendor in December 2013 which can be seamlessly transferred to the buyer. This Manufacturer Vendor is ranked the #1 fastest growing IT company in the world and is a global leader in high performance, high efficiency server technology. Owner stated that according to an employee spokesperson at this Manufacturer Vendor, typically this company would require the distributor applicant to have a minimum annual sales of $100 Million to qualify for distributorship status. He also stated that they no longer accept applications for distributorships. (Owner advise Buyer to verify the accuracy of these terms with the Manufacturer Vendor as part of his due diligence) As the manufacturer/vendor partner they also provide full technical expertise and support for all hardware server solutions and customizations to the company, thus minimizing overheads and OPEX. This represents significant savings for the Company as 80% of the sales revenue is generated from products/services of this Manufacturer Vendor/partner. Due to the Company's close proximity to the key manufacturer distributor and other vendors, all the online internet orders received can be processed, picked up and then shipped to the customers from the company's office location. Warehousing overheads are therefore unnecessary. Thanks to its e-commerce sales capabilities, this company provides products and services to customers nationwide. The company estimates that a large percentage of its sales are B2B and believes that this trend will continue to be strong. Although competition is rapidly evolving in a competitive industry, this e-commerce company continues to generate a healthy revenue stream and strong margins with rapidly growing sales year-over-year for the Owner. Facilities: 1,600 sq. ft. office space, owned by the Owner. Favorable lease terms can be negotiated, should the Buyer wish to retain the existing office space. This e-commerce company can easily be relocated to Buyer's existing facility with no negative impact on sales or client retention. There are currently two FT employees in addition to the owner who also works FT. This e-commerce company has been successfully established by the Owner for more than 10 years. He is now ready to turn it over to a strategic buyer seeking to grow through acquisition. The Buyer will benefit by acquiring a profitable, stable and growing e-commerce company endowed with a seasoned high ranking Amazon storefront and a valuable distributorship from the world's #1 fastest growing IT company and global leader in high performance, high efficiency server technology and innovation. Investment Highlights Gross Annual Sales Revenue: $ 2,652,133 Cash flow: Call Asking Price: Call For more information, a signed NDA, buyer profile and financial statement is required. DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors of this information representation as to its accuracy.