Listing Number: 24876-610105
Established Business that primarily offers customers stylish, affordable dorm room decor and accessories designed (but not limited) to meet the unique needs of dorm room life. Sales are custom packages that typically include lightweight custom twin headboards, pillows, bed skirts, comforters, linens, drapery panels, artwork, small furniture & other decor accessories. Products are selling nationwide and can be shipped anywhere including college campuses. There needs to be an aggressive sales effort in every state. Potential growth is quite remarkable with the proper marketing and team in place across the country.
Potential Growth Opportunities:
1) Strategically placed, commission based sales reps capable of hosting trunk shows, attending college orientations, college informational functions and local /regional industry related events.
2) Though products were designed for dorm room living, they can be used in any residential setting.Tweens, toddlers and seniors are a few of the markets in need of aggressive marketing.
3) Reaching economies of scale to improve gross profit margins
In addition to the stellar reputation and industry presence, the business purchase includes all inventory and equipment owned by the business. A user friendly website, state of the art Shopify E-commerce platform, customer database, social media pages, marketing materials, fulfillment processes and training assistance are in place assuring a smooth transition.
- Price: $ 58,500
- Down Payment: $58,500
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 159,079
- Location: Mobile County, Alabama
- Inventory: $ 15,000
- FF&E: $ 5,000
- Year Established: 2014
- Reason for Selling: Retirement
- Category: Internet Related