Recently Sold!
Network Security Cameras and Surveillance Equipment Dropship Business
Asking Price: $130,000
Description
Motivated Seller
This business is priced significantly below industry comps and aggressively priced to sell. Due to personal reasons the seller is highly motivated and will consider any reasonable cash offers from qualified buyers.
Business Overview
With the security camera/surveillance industry exploding and the trend moving toward network cameras versus analog equipment, this company has truly found its niche. While the site offers a vast array of surveillance equipment and DVR based multiple security camera systems including wireless, outdoor, infrared, dome, extreme weather and more, its niche is in network cameras in particular. This company sells professional-grade security cameras and accessories brands not available in retail stores and which should only be purchased through authorized dealers like this business. Contracting with distributors to do all the shipping, this business is 100% Dropship.
With products that are geared toward commercial and business use, the company’s target market is installers and IT professionals. Installers are much more knowledgeable which reduces the product return rate over the average DIY customers. They also tend to stay with manufacturers they know so they require little technical assistance, and most of them spec their own projects so this not only reduces a lot of Q&A about the products.
This year while the global pandemic has wreaked havoc across the globe, it has also created opportunities for growth in the security camera and surveillance industry. Manufacturers have already released or are working on thermal temperature monitoring systems as well as crowd control and building capacity monitoring features. As businesses continue to make adjustments for the safety of its workforce and customers, adding products with these technologies provides areas of large growth potential for the company.
Key Features Include:
- Nearly 100% Dropship
- Homebased and Easily Relocatable
- Excellent Vendor Relationships
- Direct Referrals from Vendor
- Billion Dollar, Growing Industry
Financial Overview
| Gross Revenue | $361,435 |
|---|---|
| Cash Flow | $57,044 |
| Year Established | 2007 |
| Employees | 0 |
| Inventory | N/A |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Consumer Electronics |
| Location | USA, Minnesota (Washington) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Growth opportunities for this business include continuing to add new product options as they become available, selling products on Amazon, Newegg, eBay, etc., and working with an SEO company to optimize the main site to name a few.
Competition
Competitive Advantages include excellent relationship with manufacturers, target market in the growing segment of IT specialists, excellent customer service and good pricing.