All prices in USD
  • Avg. revenue /month
    $954
  • Avg. sessions /month770
  • Avg. profit /month
    $1
  • Inventory value
    $400,000

Business Story

Why this business was started

Easy to run, high profit margin, unlimited growth opportunity. ECommerce has made this business much more profitable than our old brick and mortar store without the employee hassles we used to have. I can run this business from home and work hours are flexible. It can be "turned off" while on vacation.

The reason of selling this business

I will be 71 years old this year and it is time for me to retire. I have been slowing down the past several years, putting in almost no time so sales are declining. I would love to see someone take this business to a higher level.

What's involved in running this business

purchasing overstock, surplus marine parts and accessories, marketing them on your own website and eBay and/or Amazon. Fulfilling orders.

This business was founded: over 3 years ago
Time to run this business: approximately 5 hours per week

Description

General description

I am retiring after 51 years in the marine business. I started a Shopify website as a "test" to see if what I had been doing with a brick and mortar store would be do-able as an online business. I also sell on eBay as "marinesurplus". As it turns out it is rather incredible, the two together are easily able to do several thousand in monthly sales with 70% to 80% gross margin working part time. This is with no advertising dollars whatsoever spent. I see other sites wasting huge amounts of money on Google ads etc.. This sale is perhaps a bit different than most as it includes many things that most do not. My sale price includes the following..... 1) Several domain names to protect owner brand, marinesurplus.com .net and others. 2) Shopify store as well as an eBay store with over 9,000 feedback (I have verified with eBay that this is transferable). Note: the sales figures shown do not include the eBay channel which exceeds the Shopify channel at this time. 3) Shipping, stocking and sales supplies of a few thousand dollars. 4) Inventory of approximately $400,000 I am sure there will be many questions, feel free to ask. walt@marinesurplus.com

Thank you, Walt Edson

Why should someone buy this store?

To be their own boss, work as hard as they want from home if they wish.

How can the future owner improve the business?

Expand inventory offered and possibly offer sales on additional platforms.

What work have you put into the store?

Set up, inventory listing, research, sales and pricing testing.

Traffic and Performance

  • Avg. revenue /month
    $954
    Verified
  • Avg. sessions /month770Verified
  • Avg. profit /month
    $1
  • Inventory value
    $400,000
  • Profit Margin60%
  • Avg. sales /month1
Other details about profit: Net profit or "take home" is going to be dependent on whether the business is run from home or a rented facility. However is substantially higher than the typical business.
Total revenue
  • $41,972
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 33,897Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $500
      /month
    • Domain
      $240
      /year
    • paid apps
      $80
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Not Included
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Not Included
    • Social media

      Not Included
    • Suppliers

      Not Included
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    This business is totally scale-able. It can be run from home or expanded to several employees over time. We have done as much as over half a million in sales per year. Run as a one person home based business sales should reach $100,000 plus per year with a gross profit of 70% to 80% working 25 to 30 hours a week.

    Skills to have

    Boating knowledge is helpful but not at all needed. I can provide the information needed to a buyer that will give him/her the necessary knowledge to be successful. Experience with eBay or other eCommerce venues would also be helpful.

    Share

    WE
    Walt E.Current store owner

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