Confidential

Listing ID:
TOR02ON001-N244

Confidential, Ontario, Canada

Electronic Shopping

Listing Status: Sold

Sunbelt of Toronto North/East

Phone: 647-875-2150
Fax: 647-875-2152

The following broker is assigned to this listing:

Robert J Jones

robertjones@sunbeltcanada.com
Cell: 416-624-8871

Description

Fast growing, turnkey Shopify E-commerce site selling very popular alternative health product to the Canadian market. Simple business model that requires approximately 10-20 hours per week from the owner. Proven proprietary marketing strategy using several social media channels. In addition to getting a fully operational and profitable business, you will also be given the “secret sauce” behind building and marketing a successful E-commerce business. Products are purchased directly from the manufacturer and shipped from Canada by a 3rd party logistics company, controlling the entire supply chain with no middlemen. Sales in the first 16 months have totaled $2,101,690. Owners are start-up entrepreneurs and wish to move on to their next venture. Training and support will be provided.

Financials

Asking Price:$899,000
Revenue:$1,150,514
Cash Flow:$415,907
Downpayment: NEGOTIABLE
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price: N/A
Financing Available?Yes

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?Yes
Relocatable?Yes
Year Established:2018
Year Acquired:
Full-Time Employees:1
Part-Time Employees:1
Reason For Sale:The sellers are startup entrepreneurs. They have perfected a formula for identifying products and setting up efficient and predictable ecommerce businesses. After its up and running, they get bored and do not enjoy the work required to maintain and manage the business. The sellers would like to move on to the next venture.