Business for Sale
Unique Musical Instrument Retailer - Wolrdwide Cli
Businesses for Sale in North Carolina, Internet Serv_E-Commence for sale
Business Id : BSM1047
Location : North Carolina > Wake >
Category : Internet Serv_E-Commence >
Website Link : N/A
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| Summary : |
| IF YOU ARE INTERESTED IN THIS BUSINESS YOU MUST EMAIL ME DIRECTLY AT JSNELL@ENLIGN.COM. BIZSUPERMALL.COM CONTACT DOES NOT WORK AND CUSTOMER SUPPORT DOES NOT RESPOND. A large investment was made in designing and implementing a new e-commerce website with integrated social media in 2010. A new level of spending on marketing began at the same time. This brought a rise in sales of 36.7% in the first quarter over 2010, tapering off a bit in the second quarter, resulting 31.7% above 2010. Projected (not guaranteed) sales for 2011 are $1,365,000, and are currently on pace to exceed this goal. Perhaps the most surprising 2011 sales statistic is how monthly sales are much more consistent at this higher level – the wide monthly sales swings of prior years have been replaced by consistency at a much higher level. Typically between 88% and 95% of monthly sales come from e-commerce and telephone sales. This business has recession-proof characteristics having maintained sales above one million for all of the last three years. As most businesses in the industry were content to have “only” 10% to 20% declines in revenue, this business maintained sales. Why? In addition to a wide selection and devoted customer service, this businesses niche is still new enough that those players who need to add amplification to their existing equipment will find the funds to do so. The recession was used to improve all aspects of the business. Also, ordering for non-US shoppers has been made easier and sales to foreign buyers reliable and rising. |
| Business Competition : |
| Perhaps one of the most intriguing attributes of this business opportunity is that competition is relatively limited. Essentially a niche within a niche. There are several national and international players in the market, but the owner feels that they are able to successfully differentiate themselves by providing a high level of experienced and personal customer service. In a recent peak season there was not one single return - including all sales made online and via phone. |
| Business Expansion : |
| The electric stringed instrument market continues to grow. This business has maintained modest growth in spite of the great recession. The companies list of clients includes many professional musicians that sell millions of albums annually. Several bands and players on the client list will likely be familiar. The company has and continues to invest heavily in online marketing. A measurable ROI is being generated and additional focus and investment in this areas should prove to continue to provide strong results. |
| Reasons for Selling : |
| Seller is interested in pursuing other opportunities. |
Uploaded Documents:
Available upon Request.
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