eCommerce Specialty Furnishings Retailer

Crown Point, IN (Lake County)

eCommerce Specialty Furnishings Retailer
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Asking Price: $300,000

Cash Flow: $146,000

Gross Revenue: $2,700,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Established: 2008

*not included in asking price.

eCommerce Specialty Furnishings Retailer

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Business Description

This business sells home furnishings that everyone buys, typically in multiples. 75% of their revenue is done online + 25% via direct sales. Product ships quickly from their own warehouse/stock. High growth potential for a new owner with successful online sales experience. This is not a brick & mortar retail store or a drop shipping scenario. Quality product with repeat customers and word-of-mouth endorsements.

Detailed Information

Location:
Crown Point, IN
Inventory:
Not included in asking price
Employees:
12
Facilities:
4,000 sqft leased warehouse space and office area. Could be relocated, preferably still in Indiana, subject to lease.
Competition:
Online is full of competitors for every single thing you can think of. This is no different. But when every US household averages 3 or more of their items, there is room for multiple players.
Growth & Expansion:
Business is stable to growing. Additional growth available with expanded marketing and sales effort.
Support & Training:
Transitional support for buyer to be successful. Additional training may be considered under additional agreement.
Reason for Selling:
Retirement
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Scott Lands

Business Listed By:
Scott Lands

Indiana Equity Brokers

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Sponsoring Broker:
Troy Frank

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