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SBA Pre-Qualified, Lifestyle B2B / B2C Ecom Business in Education Space

11 February 2019

    Annual revenues

    $2,422,110

    Annual profit

    $970,263

    Multiplier

    x 2.94

    Asking price

    $2,850,000

    Business descriptions

    This business, which was founded 13 years ago, sells a product to students and schools which is in-demand. Schools typically place large orders via P.O., and students / consumers often make their purchase via the Amazon side of the business.

    The B2B side has occurred completely organically with virtually no marketing effort or outreach by the owner, and has a large amount of repeat customers. The day-to-day operations are run by a couple employees and a virtual assistant, while the owner spends much of his time traveling.

    This listing has been SBA pre-qualified by Stephen Speer at First Home Bank. There is roughly $500k of inventory that is not included in the asking price, and that the buyer would be expected to purchase at cost. An SBA loan should cover the entire amount.

    This listing is managed by Jason Yelowitz.

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