Back to Listings Organically-Driven, 12 Year Established Online Furniture & Home Decor Retailer - Online Financing in Place

Asking Price : $665,000

Annual Gross Revenue : $2,009,980

Annual Net Profit : $190,352

Profit Multiple : x3.49

Inventory Value: -

R-Index : 111

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From the Broker

The target is a 12-Year Established eCommerce Retailer in the Furniture and Home Décor Segments, selling Direct to Consumer solely from its own professionally-built website, growing 100% organically since day one on minimal paid marketing, and without any presence so far on the largest online marketplaces in these categories, including Amazon and Houzz. The business is ripe for a buyer to step in and purchase this business for as little as 10% down (qualified buyers) through Website Closer's Lending Partners.

Partnered with Affirm.com, this company smartly offers its customers with financing alternatives to credit cards and other cred-payment methods. Affirm offers instant financing for online purchases to be paid in fixed monthly installments over three, six, or 12 months, giving customers even more reason to choose this retailer, over others.

This online retailer offers a diversified lineup of over 22,000 SKUs from top brands in categories ranging from small décor items to complete room sets across dozens of fashion styles, casting a broad net for maximum market share. Seeing consistent revenue and strong growth to date, this retailer enjoys an $800 average ticket value thanks to its primarily destination purchase SKU mix.

Asking only part-time hours of ownership thanks to highly automated drop-ship fulfillment for all orders, this is a turn-key business that can be operated independently by a single entrepreneur of any skill level anywhere in the world. Strong supplier and vendor relationships have been well-established for years, ensuring a smooth operating back end, freeing ownership to focus solely on growing the business - this is an excellent opportunity for a new owner to transition smoothly, regardless of previous experience or background.

Having been operated very traditionally to date, this furniture retailer has achieved remarkable growth without having set foot on the most salient and trendy venues for this space - Amazon, Houzz, Etsy, Pinterest, Overstock, Wayfair, just to name a few; all of these are ready-made sale opportunities requiring an absolute minimum of both time and money invested to unbox this company and fully achieve its maximum potential. Seeing over 60,000 unique visitors to it website per month, this is a bargain-priced opportunity to take the wheel of a hugely established destination purchase big-ticket retailer that has the opportunity to soar in the eCommerce world with even the most tacit upgrades to its marketing and exposure online.

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Sale Pending: No

First Seen: Thu, Mar 14th 2019

Last Updated: Thu, Mar 14th 2019


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