Profitable E-COMMERCE Luxury House ware Company

Essex County, NJ

Seller Financing Available
Profitable E-COMMERCE Luxury House ware Company
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Asking Price: $850,000

Cash Flow: $149,771

Gross Revenue: $1,331,656

EBITDA: N/A

FF&E: $30,000

Inventory: $200,000

Rent: $2,400 /Month

Established: 2014

Profitable E-COMMERCE Luxury House ware Company

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Business Description

Profitable Online Luxury Home Goods Company

Company sells all house ware from flatware and dining sets to decorative pieces.

Direct Importer, supplying unique merchandise for the US market. The products are imported from Italy, France, Germany, Russia, China and other countries.

Great online customer reviews.

Sale includes the following:
- Inventory ((~$200K value)
- Equipment and furniture (~$30K value)
- Long term lease agreement for office/warehouse at a great fixed rent with all utilities included
- custom built complex multi-channel management system for manage products and inventory in one place.
- well established e-commerce accounts with regular returning customers (Amazon US and Canada, Ebay, Walmart, Houzz, Rakuten)
- 5 years in business with outstanding credit history. NET30 day terms with most suppliers.
- fully trained warehouse and outsource workers.
- 3 month training provided by the owner and 1 year phone/consultation support.

Detailed Information

Location:
Essex County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company was started in 2014 from a 2-bedroom apartment with $1000 investment. Owner was combining full time job with growing own business, working after hours and on weekends. In about 2 years owner rented a warehouse and switched completely to working on his own business. 5 years later the company grossed $1.3M in revenue, with around $200K in warehouse inventory and $30K of warehouse supplies and equipment.
Growth & Expansion:
Expanding product line, adding new inventory.
Financing:
150000.00
Support & Training:
12 weeks
Reason for Selling:
relocating
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(from currently available funds)
 
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Marc Lazarus

Business Listed By:
Marc Lazarus

Transworld Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Listing Statistics

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