For Sale:
Wholesale Product Website for Gift Basket Niche
Asking Price: $350,000
Description
This website opportunity is a wholesale portal representing 75 of the top manufactures catering the retail gift basket retail trade. Over 8,000 gift basket retailers have signed up as members to this site since 2001 to purchase their containers, components and supplies. They currently represent the top 1 or 2 vendors for each category in this industry. The site is maintained with Microsoft Access and Microsoft SQL Server. Orders are delivered directly from the server to each manufacturers fax machine and commissions are paid monthly. Members receive special incentives which in return of an annual membership fee they receive 10% off year round from the manufacturers represented.
Financial Overview
| Gross Revenue | $828,000 |
|---|---|
| Cash Flow | $104,000 |
| Archive Date | 11-26-2010 |
| Status | Archived |
| Year Established | 2001 |
| Employees | 1 |
| Inventory | 1 |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Wholesale |
| Location | USA, Virginia (Richmond) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Current owner has plans to expand into two complementary niches, thereby expanding the offerings in this niche as well as gaining a foothold in the two new areas of market share.
Competition
Due to the nature of the exclusive contracts with the manufacturers, there are no other companies that compete with this business model.