Back to Listings Unique Canadian eCommerce Retailer in the Automotive Dipping Sector

Asking Price : $239,000

Annual Gross Revenue : $179,722

Annual Net Profit : $106,166

Profit Multiple : x2.25

Inventory Value: -

R-Index : 158

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From the Broker

This listing is an eCommerce retailer in the trending, high growth automotive accessory niche known as “dipping” – Plasti Dip is a rubberized aerosol spray ‘paint’ developed by Plasti Dip International US, and since it burst onto the automotive retail accessory market in the mid-2000s, it has taken the segment by storm, becoming its own vertical entirely.

This product, offered by this business along with their own in-house branded  sealing product, is a high-margin, highly consumable and low-risk/easy to use alternative to painting an entire car from head to toe, including its wheels, interior and other trim components.

The company has capitalized on this whole new vertical by building a highly agile, drop-shippable platform that enjoys 59% profit margins across the board, has seen Year over Year growth since inception, and is present in Europe, the United States and the Canadian markets.

This retailer is poised for greatness in this auto accessory vertical, having yet to scratch the surface of Amazon and International sales traffic. Boasting an excellent social presence and highly polished website storefront built upon a fully relocatable stock & drop ship hybrid supply chain model (which can easily be throttled to 100% drop ship at any time), this is a low-overhead opportunity asking very little of ownership that will ultimately make an outstanding bolt on in the automotive space regardless of your specific vertical – or provide a new entrant the opportunity to enter the space and begin scaling.

This Internet Company Represented by:
Tech & Website Business Brokers

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Sale Pending: No

First Seen: Fri, Nov 17th 2017

Last Updated: Thu, Apr 12th 2018

Rhodium Weekend 2015
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