Mathew Verghese
Minneapolis, MN (USA)
Role(s):
SVC Group
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Startup
Location:
Minneapolis
Industry:
Consulting
Year Founded:
2002
Number Employees:
INVALID
Description:
Looking to acquire a 13 yr old ecommerce seafood company. Below are some details
Financial Information
Asking: $875,000
Gross: $1,300,000 (07)
Cash Flow: $203,000 (07 - after addbacks)
Financing: Owner will finance 30% to 35% over three years.
Summary Description
This virtual company has received almost 10,000 orders for its drop-shipped private label product so far for the year. Sales are up every year! This business is over 10 years old and
very established. This is a life style business as its fully-automated and the current owner runs the business on a laptop from his vacation home.
General Information
Facilities: Runs on a Laptop. All product drop shipped.
Competition: Only two competitors has not stop this company from growing every year.
Competitive ad