Listing Number: 5182-324127
Description
This niche e-commerce store offers unique furniture and handcrafted furnishings. The business serves both retail and wholesale customers, and manages three domains to serve local, national and wholesale clients, respectively.
The business boasts proprietary product schematics and exclusive production agreements with their manufacturers. In addition to providing unique indoor furniture, the company also manages their own shipping to ensure customers receive a 5-star experience every time.
In order to grow, the owners built a site specifically for wholesalers that will launch in 2024. This segment of the business is expected to fuel significant growth this year and beyond. They are currently hiring for a salesperson to help take this revenue stream to the next level, and feel adding outside sales and marketing professionals is a step worth taking in the future.
There are four W-2 employees (two warehouse, two office) who manage the daily operations while the owner focuses on big picture development and growing the business. The owners are selling the business in order to retire.
Listing Details
- Price: $ 675,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 210,210
- Total Sales: $ 1,678,621
- Location: Knox County, Tennessee
- Inventory: $ 400,000
- FF&E: $ 60,000
- Employees: 4
- Year Established: 2017
- Reason for Selling: Retirement
- Category: Internet Related
