Capital Partner Wanted: E-Biz (2MIL+ NET PROFITS)

[Ryan Kull]

I need a silent partner strictly for capital to acquire this business. Owner is Retiring.


Business: E-Commerce

Proven Sales Records.
Gross: $2,800,000/year
Net: $2,100,000/year

All orders are Processed on Credit Cards. 1800+ Orders per month/ 500+ Automatic Monthly Members. Over 50k is auto billed to members every month.

One Full time employee for the past 12 years has been running the complete operation. Salary 35k + 3K health insurance.

Not sure If i Would like to keep employee or not.


100k worth of inventory.
Website includes 250 domain names from 12 countries.
Average 25,000 User sessions per hour.
44,688,502 Hits for entire site over a six month time frame(7/1/08 - 1/30/09)
208,000 hits per day.

All traffic is MOSTLY organic from all of the domain names.

My Plan-
Increase Product Variety-
Increase SEO-

With that I am looking to double the projected sales.



Owner is asking $7.5MIL for the business including everything.
All Sales Statistics and Website traffic is 100% verifiable by owner.

To Any Interested Investor willing to provide capital..........

Lets NEGOTIATE and make this deal work, it's a NO BRAINER investment on your part. Tell me what I need to do and What kind of REASONABLE profit you would like to make on a type of deal like this!

P.S- Im withholding particular website info at this time to protect my partnership interests. I will give full details to someone willing to work with me.

Thanks
Ryan

[Gene]

If I were you I'd keep the employee. If he's been running that good a business for 12 years, don't remove him!

[Ryan Kull]

If I were you I'd keep the employee. If he's been running that good a business for 12 years, don't remove him!

Yes, I am thinking the same. Thanks for feedback!

[Gene]

No problem. I wish you the best in finding an investor. Sounds like a really nice deal. If I had that much money laying around, I'd probably give you a hand.

[Ryan Kull]

No problem. I wish you the best in finding an investor. Sounds like a really nice deal. If I had that much money laying around, I'd probably give you a hand.

Well I am in the same boat as you, except for the fact that I was lucky enough to come across this potential deal.

If someone with the right credentials could get funding and afford the 50-75% LTV down payment, we could also work something out with that in terms of paying the loan back + your profits.