Profitable E-Commerce Luxury House ware Company

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$599,000 $1,345,667

Retail: Home Furniture & Furnishings


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RE: Profitable E-Commerce Luxury House ware Company Broker: Marc Lazarus
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,345,667
Net Profit: Not Disclosed
Cash Flow: $230,108
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

Profitable online luxury home goods company, operating in high margin and low competition niche.
Company sells all house wares from glassware to dinnerware, flatware and home decoration items.
Direct importer, well established relationships with overseas suppliers from Italy, France, Germany, Russia, China

Database of more than 2000 active website customers with e-mails and phone numbers.

Great online customer reviews.

Sale includes the following:
- Inventory ((~$200K value)
- Equipment and furniture (~$30K 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:

Renting larger warehouse, expanding product line by adding new suppliers, adding new inventory & hiring more staff members.

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.

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