Selling Looking to Buy An Established Online Business?

Description:
I started my online business in June 2010 (go to signature for link). It has already been mentioned in prominent websites such as PCMag.com and BusinessInsider.com. It is also on the first page of Google for numerous high ranking keywords amongst major competitors.

The niche of the website is that we buy electronics from people and sell them for a higher price. Thus, it is an online electronics reselling company. It has huge potential and marketing is easy. The reason I want to sell it is because this niche requires capital which I do not have to keep running the business as I have ran into some personal financial problems of my own.

Revenue for the business since June has been less than $100,000 however this is because I could not market because of the amount of capital I had. I usually get a few orders a week and that is from no advertising at all. The business is at a point where with a bit more advertising, it can get multiple orders daily. When it was mentioned in a magazine I received 40 orders in a day!

As long as you keep the prices for the items low, average, and somewhat higher than competitors you can sell the same items from $50-100$ average profit, all the way up to $200+ for more 'hot' electronic items.

The first half of the year I got about 15 orders a month, which returned about $800-$1,500 profit a month, and that was without any advertising. If someone who buys this has a lot of capital, they can easily market and get many orders. At a worse case scenario, if you get 1 order a day for $50, you can make about $18,000 a year. Our major competitor makes $2 million+ annually, but their prices are very low, and my business can easily trump them with the right capital and marketing.

This can easily become a six figure income company as the niche is very lucrative. I am open to offers as well, thank you.

Revenue Details:
It's hard to state an exact revenue amount as it has been exponentially increasing. The first few months it was in the $800-1000 range, then it increased to $3,000, and in March it was at $20k+. Profit was around $1.5k each month.

Traffic Details:
Traffic is around 600-900 unique visitors a month. New visitors are from referrals and search engines, but recently it has increased in direct entry meaning successful customers are giving their word of mouth. I have tracking stats from analytics and piwik, as well as an ecommerce script that shows me where my customers come from, and if they bought something. This is a very useful script and will be included in the purchase.

My business also ranks for several high ranking keywords on Google and other search engines. I will not give out these keywords but if you are interested I will let you know what they are in private. I barely run Adwords but when I occasionally do I get a surge of traffic and orders.

Here is proof of revenue and traffic from Google Analytics: http://s43.photobucket.com/albums/e357/Ratman2050/Tech Twurl/?albumview=slideshow

Price:
I have started the bidding around $4,000 because the script and intellectual property itself cost about $3-5k to create. The BIN is $17,500 which is a little less than the monthly profit times 12 months. I think it is a very reasonable price. If you do not agree you are welcome to send me offers that you think are fair as long as they are at least $10,000. Thank you.


For serious buyers you can give me a call by requesting through a PM. You can also send me an offer via PM, I am open to any offers above $10,000. If you are interested I have a secret to the trade that I may divulge to serious buyers which will help them in their decision and in making a lot of money with this business. If I cannot sell it here I will have to shut it down because I will not be able to afford to run the business any longer, it would be a waste and I would rather see it succeed with someone else.

Thanks for looking!

 

where traffic statistics?

 

i am still dont understand how and why they want buy from u?and where all the money profit come?40k sell?profit 1500?

 

Please read where it says, "Traffic Details:".

What do you not understand, why customers want to buy from me after I buy stuff through my site? The profit comes from reselling the electronics I buy through my website. Just because it is a high revenue doesn't mean it is always high profit. You could have a billion dollars in revenue and have a million in actual profit..

Also, in March where I did get more than $30k in sales the profit did increase to around $3k. I did not keep balance sheets for March - May because I was very busy during the finals of my college semester which was ending during that time. I just averaged the profit to be around $1.5k monthly but really it is exponentially increasing.

 

i have pmed you with an offer

 

Great thanks for the bid!

Highest bidder is now at $4,000!!!