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Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $3,050,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $310,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 758355294 | |
Broker Reference #: | 41361061064 |
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Business Overview:
This thriving business has proven that online selling is not a passing fad. It has established itself firmly in a niche of the home furnishings sector and flourished for over 18 years. The physical location is flexible with an online business. Office and inventory can be accommodated in less than 1,000 sf. The bulk of orders are shipped directly from the suppliers.
Features Include:
*Established presence in the niche of this sector with longevity
*Established strong reputation for client service
*Long-standing relationships with suppliers, both domestic and overseas.
The seller weathered the recession that hit the housing market very hard. The business remains nimble to adapt to the ever-changing challenges as online commerce evolves, as demonstrated in its 2019 rebound from algorithm and marketing changes in late 2018. Revenues continued on a strong upward track in 2020, with higher volumes even during COVID. It is anticipated that key employees will remain after the sale to ensure a smooth transition. There is a healthy volume of booked orders in the queue for fulfillment.
This is an excellent opportunity for someone with experience in a fast-moving environment to jump into a business with a strong and well-established reputation to continue to build on. The seller desires to sell this business to concentrate on an emerging opportunity but is willing to assist with a transition.
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Property Features and Assets:
Please ask business broker for details.
Market Competition and Expansion:
This thriving business has proven that online selling is not a passing fad. It has established itself firmly in a niche of the home furnishings sector and flourished for over 18 years. The seller weathered the recession that hit the housing market very hard. The business remains nimble to adapt to the ever-changing challenges as online commerce evolves
Reason for Selling:
Other interests.
Additional Details:
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