Electronics Charging Stations Ecommerce

Asking Price:

$1,500,000

Financial Overview

Revenue:
$1,342,156
Income:
$461,391
Multiple:
3.25x

Business Description

Started in 2016, this company’s patented charging stations allow up to 6 devices to be charged at the same time in one dock. The business receives 99% of sales from Amazon, with a little bit of sales coming from Walmart and Etsy.

This is a very low workload business requiring 2 hours/week. The business is a Texas entity and the owner lives in New York. It can be run from anywhere in the world and only has one virtual assistant who does customer service (the rest is run by the owner-operator).

The business is trademarked in the USA. It is not eligible for SBA financing as lenders haven’t been underwriting Amazon businesses and for religious reasons (Riba) the owner cannot do seller financing; therefore the seller is seeking cash offers or cash plus zero-interest installment payments.

The business is simple to run and provides consistent $400k+ cashflow.

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