Midi Digital Audio Retailer: SBA Pre-Approved, 10% Down
This eCommerce retailer specializes in MIDI and digital audio solutions for audiophiles of all skill levels. With a strong presence on Amazon and its own website, the company enjoys exclusive distribution rights for top brands. The business is approved for SBA financing and can be purchased with only 10% down.
OPERATIONS
The company operates with a nearly 100% 3PL fulfillment model, allowing for remote and efficient order processing. The current owner’s involvement in the business can be adjusted according to preference, providing flexibility for growth and expansion.
The business employs a nearly 100% 3PL fulfillment model, with products being fulfilled remotely by Amazon. This ensures efficient supply and logistics management. The company also benefits from established relationships with suppliers, allowing for sustainable inventory and potential expansion into white-label or branded offerings.
MARKETING AND KEY METRICS
The business has primarily relied on organic marketing, leveraging word-of-mouth and references in the music industry. With an email contact database of over 25,000, there is an opportunity for aggressive marketing campaigns at no additional cost. Supplier relationships and exclusive distribution rights ensure long-term sustainability and growth.
The business has a balanced sales channel split, with 50% of sales coming from the company’s Amazon account and the other 50% from its website storefront. With organic marketing and an email contact database, there is potential for growth in both sales channels.
Key metrics for this eCommerce retailer include average ticket value, margins, and ROI. With a healthy average ticket value of $250 and outstanding margins due to preferential pricing, the business has strong financial performance. ROI can be realized from day one following acquisition.
The customer base for this eCommerce retailer consists of audiophiles of all skill levels, including DJs, B2B clients, and educational institutions. The company’s exclusive distribution rights for top brands and strong reputation in the MIDI and digital audio space attract a diverse customer base.
BUSINESS MODEL & RESOURCES NEEDED
The business currently has 2 employees and offers flexibility in the owner’s involvement. With the potential for growth and expansion, additional human resources may be required to support increased operations.
THE INDUSTRY
The eCommerce retailer operates in the MIDI and digital audio space, serving audiophiles of all skill levels. This industry is experiencing a resurgence with the growing popularity of the ‘new retro wave’ trend. MIDI synth and digital audio solutions are in high demand across various mediums.
OPPORTUNITIES TO SCALE
This eCommerce retailer has significant scale opportunities. With a broad audio offering and trending products, the business can expand its SKU lineup and explore white-label or branded offerings. The geographically-universal and demographically-broad appeal of these products provides ample opportunities for growth.
Asking Price: $695,000
Gross Income: $1,688,746
Cash Flow: $221,108
Year Established: 1994
Employees: 2
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