ECommerce Retailer

Business Overview:

This agile online retailer operates out of three U.S. fulfillment centers, generating $7.3M in annual revenue, and is one of the leading online retailers in jigsaw puzzles, with a strong market presence in other diverse retail-based product lines as well. Importantly, this well-oiled machine is poised to bring additional product revenue streams for a buyer looking to expand.

While the company does sell significant product through mega third party marketplaces such as Walmart and Amazon, around 90% of revenue comes from direct-to-consumer sales via the company's own website. This ultimately provides the company with more control over end-user satisfaction and higher bottom line margins. The success in DTC sales is largely driven by direct supplier partnerships cultivated over the years as well as the company's own digital marketing efforts.

A buyer adding new verticals to the existing product lineup, will be able to do so efficiently. The company has been purposeful in building a scalable online retail operation, supported by a proven inventory management system that can easily integrate additional retail-based product lines in very rapid fashion.

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Property Features and Assets:

While the company is headquartered in New York, there are three autonomous shipping facilities across the U.S.. Each location provides efficient stocking and shipping services to its respective region of the U.S..

Reason for Selling:

Pivoting to family ventures

Additional Details:

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