Small Turn-key e-Commerce opportunity seeks strategic backer
September 06, 2022
by a searcher from University of Colorado at Boulder in Camas, WA, USA
SearchFunder member here posting anonymously as I'm under NDA for this opportunity and would like to discuss details with the right individual(s).
I found a local eComm business, owner is retiring and it is an attractive opportunity...details about myself and the deal below:
Myself:
- MBA-educated, experienced operator with 20+ years finance and operations experience
- New father and thus slightly risk-adverse at the moment. Currently fully employed as finance exec but would like a change.
- Seeking opportunity to roll-up my sleeves and create value for myself, my family and backers.
The Opportunity:
- Tenured (30+ years) business in mainstream industry selling parts online for a sticky product that has seen 62% growth YoY###-###-#### avg figures vs 2021)
- Sales are achieved without Marketing or Advertising, cost of customer acquisition is zero.
- Annual sales have been consistently near $2M with SDE at $500k
- Ample opportunities to streamline operations, improve margins and increase revenue (e.g. Drive traffic and/or establish new revenue centers within existing vertical.)
- Seeking strategic partner to share financial risk (investment could be as little as $100k or as much as $2.5M) and utilize e-comm expertise to take this business to the next level.