Established eCommerce business, specializing in automotive technology.
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Asking Price
$2,000,000
Detailed Information
Not disclosed
Business Description
The company is an established eCommerce business specializing in cutting-edge automotive technology components designed to upgrade vehicles with the latest features such as Apple CarPlay and Android Auto. Operating for four years, the company primarily serves customers in North America and Australia, offering over 500 products tailored to various vehicle makes and models. With a high average order value ranging between $850 and $950 during peak seasons and a healthy profit margin between 40% to 60%, the business has seen significant year-over-year growth to reach nearly $2.1 million in sales. The customer base of the business is diverse, spanning different age groups and global regions, with a notable portion of returning customers who purchase products not only for their own vehicles but also for friends and family. The company effectively reaches and engages its audience through partnerships with influencers and targeted online advertising, driving sales and brand loyalty. Operational activities are efficiently managed by the owner through tasks like order fulfillment, website updates, and social media posting, with opportunities for outsourcing certain functions
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Listed By:
Name : Scott Weingold
Phone Number : Show Phone number
Scott Weingold typically replies in about 7 minutes