Kenneth King
Altamonte Springs, FL (USA)
Role(s):
Founder/Owner/Principal
SmartKart
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Startup
Location:
Altamonte Springs
Industry:
Retail/Clothing
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Not Incorporated
Description:
We originally started with purchasing a shipment of 224 power wheels for kids. The shipment was store returns and over stock from various companies such as Walmart, Kmaart, etc. It was meant to be a side project to make some extra cash. It was received with great response as we were able to sell them at 50% of retail cost and still make between 200-500% profit (depending on the type chosen). Now we have expanded into wide variety of products such as electronics, small appliances, sporting goods, beds, etc. Growth has demanded us to take this to the next level.