Retail, Wholesale and Private Brand Radio-Controlled Parts and Accessories Ecommerce Business
Asking Price: $610,000
This company offers unique products in the niche market of radio-controlled vehicles including LiPo batteries, motors, speed controls, servos and many other tools and accessories. The business started from home and grew into a warehouse which the company owns and operates today with 2 part-time employees handling customer service and shipping. The company sells retail through its website as well as Amazon, eBay, and Walmart storefronts. It also sells wholesale through an additional site.
In addition to retailing brand name products, the company created and offers its own private label brand. This brand includes hundreds of SKUs with a diverse offering of products such as LiPo batteries, ESCs, Brushless Motors, Servos, Tools, Receivers and many other products. It has been presented as a stand-alone brand which does have its own “catalog” site that directs customers to the company’s retail website for purchases and to another site for wholesale purchasing.
All websites and marketplaces are managed through a singular Magento console with a multi-store setup. As well, they have an internal knowledge base with answers to common questions for customers, along with an extensive database of tutorial for employees.
- Well Established – Longevity Online
- Groundwork Laid - Years spent growing the exclusive Brand which has allowed for control over pricing and unique offerings
- Stand Alone Sites – Retail, wholesale and catalogue site for its private brand products were established as separate websites which provides freedom and flexibility
- Largest Dealer - One of the largest dealers of a top name brand in the US, with extensive inventory on-hand
- #1 Customer Service
|Inventory||Not Included in Asking Price|
|Home Based Business||No|
|Seller Finanacing Available||Yes|
GrowthA few ideas for future growth include:
- Reduced Costs – eliminate need for staffed warehouse by fulfilling through Amazon Multi-Channel Fulfillment (MCF)
- Marketing - a new owner with marketing skills and robust marketing campaign would greatly increase traffic and sales.
- Modernize: modernize the company\'s operations