Handmade Rugs eCommerce & Wholesale Business

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SBA Pre-Approved - Over $900,000 in Profit and Growing!!!
Asking Price:
$4,750,000

Gross Revenue:
$4,896,221
Cash Flow:
$944,412
EBITDA:
$944,412
Inventory:
$3,500,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

SBA Pre-Approved. 28 year old Handmade Rugs eCommerce & Wholesale Business specializing in fine hand knotted rugs in both modern and tradition styles. Very strong reputation online and in the industry. Over 7,000 product SKUs available with average order value of $900. 70% sales generated online, 20% on the phone and 10% at the warehouse. Good standing relationship with over 70 different suppliers. Owner manages supplier relationships and purchasing with all other operational activities handled by 8 full time employees. Approximately 15,000 square feet required to operate business. Diversified sales channels with 50% online retail and 50% wholesale. Online retail distribution includes Websites, Overstock, Amazon, eBay Wayfair, Houzz, etc. Target demographic is females between the age of 40 and 60, and upper-middle class to high net worth individuals. High growth opportunities include: international expansion, additional PPC Marketing, creation of an aggressive email marketing program, PR campaign, affiliate marketing campaign, etc. Owner will provide strong transition support and is selling for retirement. Owner is open to remaining employed as a part-time buyer or any additional help the new owner may have.

About the Business

Year Established:
1990
Number of Employees:
8
Real Estate:
Owned
Market Outlook/
Competition:
Very strong reputation online and in the industry. Over 7,000 product SKUs available with average order value of $900. 70% sales generated online, 20% on the phone and 10% at the warehouse. Good standing relationship with over 70 different suppliers. Owner manages supplier relationships and purchasing with all other operational activities handled by 8 full time employees. Approximately 15,000 square feet required to operate business. Diversified sales channels with 50% online retail and 50% wholesale. Online retail distribution includes Websites, Overstock, Amazon, eBay Wayfair, Houzz, etc.
Growth & Expansion:
High growth opportunities include: international expansion, additional PPC Marketing, creation of an aggressive email marketing program, PR campaign, affiliate marketing campaign, etc.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will provide strong transition support.
Seller Financing:
Yes

Listing Info

ID:
1471570
Ad Detail Views:
217

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Business Listed by

Bob Young

AcquisitionsDirect.com

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