Business Overview:
Bathroom Fixtures & Tile Showroom: Been in business for 14 years. 60% of revenue come from six other (DBA's) under which these products are sold. This business is a highly rated authorized dealer on Amazon and Ebay. Most products that are sold on these sites are drop shipped. Both the brick & mortar showroom and e-commerce sides of the business are included in the asking price. The showroom, which accounts for 40% of total sales, contains 2,500 square feet at street level, with another 1,000 square feet of gallery space on the second floor. The lease runs for another 5 years. The rent is just $5,000 per month and escalates at only 1% per year. There is also a 4,000 square feet warehouse in New Jersey; from which everything that is not dropped shipped is stored and then sent out. The $200,000 in annual owner's discretionary cash flow is realized after all business expenses are taken into account. The seller suggests that, besides Amazon and Ebay, there are similar e-commerce growth opportunities with the likes of Walmart and Wayfair. The seller has decided to move on to a new venture. The new owner will be given transitional support & training.
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Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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