MergerPlace

Online Home Furnishings Business

Pennsylvania


  • Asking Price: $925,000
  • Gross Income: $2,160,000
  • Cash Flow: $300,000
  • Real Estate: Not Disclosed
  • Inventory: $28,000
  • FF&E: Not Disclosed
  • Listing ID: #208584
  • Established: 2002
  • Employees: 3

Business Description

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 15 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 and historical data to leverage
- Proven, robust Website fully responsive on all devices
- 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 and 2018 revenues are on track to again exceed $2+ million. The business remains nimble to adapt to the ever-changing challenges as online commerce evolves.
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.


Business Details

Primary Business Category: Internet Related - Consumer Services B2C
Location: Pennsylvania

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3

Financial Information

Asking Price: $925,000
Gross Revenue: $2,160,000
Cash Flow: $300,000
EBITDA: $300,000
Inventory: $28,000
Seller Financing Available: Yes

Property Information

Facilities:

The business occupies a leased space that includes a showroom and space for inventory & shipping. It can be accommodated in 1000 sf or less.

Growth & expansion opportunities:

The online environment is very dynamic and offers a number of avenues to pursue expanding the business presence and promoting awareness.

Competition:

Online competition is very strong and requires constant attention to keep up with developments. The business, though, has established itself in a niche with a high level of service that stands up very well, as proven over time.

Reason for selling:

The seller desires to concentrate on an emerging opportunity.

Support & Training:

The seller is willing to remain for a transition period to be negotiated.

Contact Business Seller

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Business Listed By:

Mike McCarthy

Marathon Capital Advisors