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Profitable E - Commerce Luxury House Ware Company
Location: United States -> New Jersey
Industry: Retail > Other Retail




Business Summary

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.
Company was started in 2014 from a 2-bedroom apartment with $1000 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 $200K in warehouse inventory and $30K of warehouse supplies and equipment.

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


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,345,667
Cash Flow:   $230,108
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $230,000
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  12 weeks
Reason For Selling:  relocating

Photos

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Profitable E - Commerce Luxury House Ware Company Photo 1




Print Listing Id: 700342784
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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