Online Motorsport Wholesale Distributor
Location: United States -> California -> Southern California – Los Angeles Area -> Los Angeles County
Industry: Wholesale and Distribution > Wholesale and Distribution
Businesses for sale Summary
This online wholesale and retail business sells all over the World including Dubai, Europe and of course the U.S. and other countries. Established in 2004, this company has become a leader and a master distributor in the motor sports marketplace selling everything from Moped Scooters, Super Bikes to Mini Choppers to Go Karts, Dirt Bikes, to ATV’s and more. The current owners work a combined total of forty hours a week throughout the year and during the holidays. Unlike most online businesses that have significant inventories, the inventory in this business is limited to accessories and small ticket items. All orders are shipped within one to two days of purchase from the manufacturer. Most businesses are down for 2008, not this company. The 2008 revenues are expected to beat 2007 sales of $1,570,991, taken directly from the tax return. This business is currently based in Los Angeles County, but could be relocated anywhere. If you are looking for an online business, well established, a lifestyle business, a business that can be relocated, and most importantly a profitable business; than this may be a match for you. Please contact Adam Gilman for more information at 310-595-0788
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $1,570,991
Cash Flow: $166,100
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2004
Number of Employees: 4 – 5
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2-wks, 20hrs/wk
Reason For Selling: Other Interests
