High Quality, High Growth Online RetailerNewstead, Queensland
- For SaleStatus
- Expressions Of InterestPrice
* Sales growth over 30% Per annum the last 5 years
* Highly Profitable in FY20, with FY21 on track to be up by 30% again
* Online Business only- 5 days
* Selling their own product range with total control of their direction
* Huge online following and Social media presence
There is a reason why being the owner of an online business is so appealing. You operate 5 days per week, you have the ability to make money while you sleep, all while having a simple cost structure that scales incredibly as the business grows.
This high-quality online business has been built on the strongest of foundations and is experiencing huge growth year after year. In fact, the business has averaged sales growth over 30% each year for the last 5 years. This has seen sales in excess of $4,500,000 in FY2020 and the way 2021 has started, they are well on track to increase this by another 30%
The current owner has invested heavily in online marketing and back end systems for profitable long-term growth. In particular, the online following and marketing lists that have been built would be the envy of many in the market. Selling their own range of products which is aligned to the health and welling industry, they have developed a cult like following with sales data highlighting that approx. 60% of sales are coming from repeat purchasers.
An experienced team of staff are in place who run the business day to day allowing the current owner to work in a management capacity only and take time away from the business when needed.
Even though their growth rate has been enormous over the past 5 years, there is still huge opportunities to take the business further and their share of the market is small compared to some of their larger competitors.
Closer inspection will prove that this is a rare opportunity to take this thriving business and continue its ride to the top.
Expressions of Interest.
0431 172 889