Thriving Online Home Furnishings Business

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Asking Price:
$925,000

Gross Revenue:
$2,900,000
Cash Flow:
$189,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$28,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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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.

About the Business

Location:
Pennsylvania
Year Established:
2002
Number of Employees:
3
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$1,350.00 Per Month
Lease Expiration:
12/31/2020
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.
Market Outlook/
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.
Growth & Expansion:
The online environment is very dynamic and offers a number of avenues to pursue expanding the business presence and promoting awareness.
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About the Sale

Reason For Selling:
The seller desires to concentrate on an emerging opportunity.
Training/Support:
The seller is willing to remain for a transition period to be negotiated.
Seller Financing:
Negotiable

Listing Info

ID:
1535011
Ad Detail Views:
315

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Business Listed by

Mike McCarthy

Marathon Capital Advisors

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Sponsoring Broker:

Raymond Melcher Jr
Marathon Capital Advisors


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