Listing Number: 98551-107295
PLEASE NOTE, this E-COMMERCE FURNITURE DISTRIBUTION business opportunity is an ASSET SALE only. The price has been SLASHED AGAIN. We are looking for SERIOUS BUYERS who can see through current challenges to restore a GOLDEN NUGGET of OPPORTUNITY.
BOTTOM LINE: The operations ceased in July 2018 for owner personal reasons. Consequently, price has been drastically cut from it's prior worth based on actual financial performance over several years in business. What is being offered now is the opportunity for a new owner to restore and exceed prior performance levels with the intellectual property as well as support and assistance available from the former CEO.
The assets include the existing web domains, know-how and immediate benefit derived from years of development and search priority on Google. Existing Web domains are still receiving several thousand clicks per month and order fulfillment can be easily restored. Supplier relationships are still in tact and their systems interface with site where orders are placed. This is a very good opportunity for new owner to benefit immediately from the know-how that will convey with the sale. This is a suitable offering for someone who recognizes the potential to use know-how and existing domains to quickly reignite the potential for a significant business based on a vigorous business model.
Perfect opportunity for an existing furniture company or design company that wishes to acquire the remaining assets, data and know-how of a historically growing and profitable E-Commerce business. CEO will provide all initial training to a new owner and, he/other resources will remain available, based on mutually acceptable terms, to guide buyer success over time.
This business was established in 2012 and has enjoyed year over year sales growth through 2017. It's half year in 2018 had it on a trajectory to exceed 2017 performance.Records are available that prove a 1:10 historical performance of marketing initiatives/sales revenue.
- Price: $250,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $664,363
- Total Sales: $3,798,002
- Location: Los Angeles County, California
- Inventory: $0
- FF&E: $0
- Employees: 0
- Year Established: 2012
- Reason for Selling: RETIREMENT
- Category: Internet Related