Price: $995,000
Location: Southeastern PA
Industry: Manufacturing
Listing ID: 41361061064
Listing Status: Sold
This business established itself firmly in a niche of the online home furnishings sector and has flourished for over 20 years. The physical location does not matter with an online business. Office and inventory can be accommodated in less than 1,000 sf. 98% of orders are shipped directly from the suppliers. Features Include:
Established presence in the niche of this sector with longevity and trademarked name
Established strong reputation for client service
Long-standing relationships with suppliers, both domestic and overseas
Customized website fully responsive across full range of devices
The business remains nimble to adapt to the ever-changing challenges as online commerce evolves and to weather fluctuations in the economy. The robust marketing strategy is professionally managed, an example of leveraging the expertise of such services to present the best online appearance. Revenues continued on a strong upward track in 2020, with higher volumes even during COVID. That trend continued through 2021. It is anticipated that key employees, fully capable of running the daily operation, will remain after the sale. There is a healthy volume of booked orders in the queue for fulfillment. The business is pre-qualified for SBA financing. This is an excellent opportunity for someone with experience in a fast-moving environment to own 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.
Down Payment: $995,000
Total Sales: $2,885,000
Cash Flow: $141,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
