Scimitar Electronics Business For Sale

Opportunity Summary

Description:
Online electronics retailer offering PCs, Laptops, Computer Parts, Software, DVD Players, VCD Players, Cameras, Plasma TVs and Stereo Systems.

The sale will include the site, graphics, suppliers, database of thousands of customers and the domain name.

Sales:
The sales are currently between EUR 10,000-EUR 30,000 per month. My Worldpay report shows the following sales figures for year 2007.
 
Jan 2007 – EUR 17,468
Feb 2007 – EUR 23,199
Mar 2007 – EUR 20,238
Apr 2007 – EUR 25,290
May 2007 – EUR 19,757
Jun 2007 – EUR 16,751
Jul 2007 – EUR 17,182
Aug 2007 – EUR 22,338
Sept 2007 – EUR 14,174
Oct 2007 – EUR 19,330
Nov 2007 – EUR 16,754
Dec 2007 – EUR 31,495

Costs:
The cost of running the site is approximately EUR 300 per month. The expenses are as follows. Hosting; EUR 20 per month Domain Registration; EUR 110 per year e-Marketing: EUR 250 per month.

Profits:
I work on a profit margin ofRespond to this opportunity% on cost of sales of the products. Hence, net profits are approximately EUR 2,000-EUR 7,500 per month. The following formula is used to calculate net profit.  Net Profits = (Sales* Profit Margin) -Costs.

Inventory:
Scimitar Electronics maintains no inventory, as orders are shipped directly from the supplier to the customer. This is possible as I can request a blank wrap with no stickers (i.e. no supplier stickers or details are attached to the package). This way the customer thinks that the goods are coming directly from Scimitar Electronics.

Credit Card Processing:
Credit cards are processed through Worldpay. You will be given a chance to accept or decline the order. Once you accept the order Worldpay will charge you 4.5% + VAT per transaction. For additional information please contact Worldpay. Their website is at

 
Customer Services:
All customer inquiries are handled via e-mail. Currently we receive 5-10 sales type e-mails per day. Replying to customer inquires may take approximately 2-10 mins per inquiry.

Expansion Potential:
I have made sales up to EUR 50,000 per month. Sales have declined due to negligence. To achieve these sales figures again you will need to do a product update, answers customer queries, quotes etc. 
 

Support & Training:
Support will be given up to 6 months.

Reason for selling:
I want to sell the site because I need money and time for a new project of mine.