Seller's Contact Information
- RE: Completely Relocatable E-commerce-Dorm Room Decor
- Contact: Chris Bruner
Quick Facts
Asking Price: | $58,500 | |
Annual Revenue: | $159,079 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 5,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | Not Disclosed | |
BBN Listing #: | 459855279 | |
Broker Reference #: | 24876-610105 |
Business Overview:
Established Business that primarily offers customers stylish, affordable dorm room decor and accessories designed (but not limited) to meet the unique needs of dorm room life. Sales are custom packages that typically include lightweight custom twin headboards, pillows, bed skirts, comforters, linens, drapery panels, artwork, small furniture & other decor accessories. Products are selling nationwide and can be shipped anywhere including college campuses. There needs to be an aggressive sales effort in every state. Potential growth is quite remarkable with the proper marketing and team in place across the country.
Potential Growth Opportunities:
1) Strategically placed, commission based sales reps capable of hosting trunk shows, attending college orientations, college informational functions and local /regional industry related events.
2) Though products were designed for dorm room living, they can be used in any residential setting.Tweens, toddlers and seniors are a few of the markets in need of aggressive marketing.
3) Reaching economies of scale to improve gross profit margins
In addition to the stellar reputation and industry presence, the business purchase includes all inventory and equipment owned by the business. A user friendly website, state of the art Shopify E-commerce platform, customer database, social media pages, marketing materials, fulfillment processes and training assistance are in place assuring a smooth transition.
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Property Features and Assets:
Business idea was launched in 2014 when the founders were moving their daughters into their college dorms and spent an enormous amount of time and money trying to put together a room that they (and their daughters) could be proud of. They thought their had to be a much more streamlined and cost efficient way to dress up an old dormitory. The business was launched and has had success with word of mouth and online sales, however, due to other full-time business ventures very little growth efforts have been pursued. This acquisition opportunity comes ripe with potential for the next ownership to scale and take the business to unprecedented heights.
Market Competition and Expansion:
1) Boots on the ground commission based sales reps attending college/university orientations 2) Taking concept to the Assisted Living market across the country 3) Reaching economies of scale to improve gross profit margins.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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