Profitable E-Commerce Luxury House ware Company

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$850,000 $1,331,656

Retail: Home Furniture & Furnishings


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RE: Profitable E-Commerce Luxury House ware Company Broker: Marc Lazarus
Owner Financing is Available!
$150,000.00

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,331,656
Net Profit: Not Disclosed
Cash Flow: $149,771
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 4
BBN Listing #: 513250121
Broker Reference #: 6301-166011

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Business Overview:

Profitable Online Luxury Home Goods Company

Company sells all house ware from flatware and dining sets to decorative pieces.

Direct Importer, supplying unique merchandise for the US market. The products are imported from Italy, France, Germany, Russia, China and other countries.

Great online customer reviews.

Sale includes the following:
- Inventory ((~$200,000 value)
- Equipment and furniture (~$30,000 value)
- Long term lease agreement for office/warehouse at a great fixed rent with all utilities included
- custom built complex multi-channel management system for manage products and inventory in one place.
- well established e-commerce accounts with regular returning customers (Amazon US and Canada, Ebay, Walmart, Houzz, Rakuten)
- 5 years in business with outstanding credit history. NET30 day terms with most suppliers.
- fully trained warehouse and outsource workers.
- 3 month training provided by the owner and 1 year phone/consultation support.

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Property Features and Assets:

Company was started in 2014 from a 2-bedroom apartment with $1,000 investment. Owner was combining full time job with growing own business, working after hours and on weekends. In about 2 years owner rented a warehouse and switched completely to working on his own business. 5 years later the company grossed $1.3M in revenue, with around $200,000 in warehouse inventory and $30,000 of warehouse supplies and equipment.

Market Competition and Expansion:

Expanding product line, adding new inventory.

Reason for Selling:

Relocating

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.

Relevant Links:

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