Organizing Your Garage with Ecommerce Cabinet and Storage Solutions
This eCommerce website specializes in garage storage, organization, and related accessories. The website has been in business since 2013 and generated over $840,000 in sales within the last twelve months. The business operates with a drop-shipping model, and daily workflow requires a minimum of 30 minutes to one hour per day. The industry for garage storage cabinets is small, offering significant growth potential through proprietary brands, expanding product lines, and financing options. A network of installers could be added to the company’s existing infrastructure to satisfy demand for installation services. The business is represented by WebsiteClosers with an asking price of $165,000 and an annual cash flow of $46,218.
OPERATIONS
The company’s primary focus is on eCommerce, selling a variety of garage storage and organization solutions. All products are currently drop-shipped directly from the manufacturer, with no warehousing or operating expenses necessary. Daily workflow is minimal, requiring as little as 30 minutes to one hour per day.
The business operates as a drop-shipping model, with all products shipped directly from the manufacturer. There is no warehousing or operating expenses necessary for ongoing operations.
MARKETING AND KEY METRICS
The company’s marketing strategy includes adding financing options and marketing to subprime lenders, expanding the customer base for the products sold on the website. An additional opportunity for growth includes building a network of installers across the country for the products purchased on the site.
The company currently operates solely as an eCommerce website, selling a variety of garage storage and organization solutions.
The key metrics for this business include $840,000 in sales within the last twelve months, with an estimated cash flow of $46,218. The business has been generating revenue since 2013.
The target customer base is individuals who are interested in garage storage and organization solutions.
BUSINESS MODEL & RESOURCES NEEDED
The business currently only has one employee for daily operations.
THE INDUSTRY
The garage storage and organization industry is small, with limited suppliers across the world. This offers significant growth potential through proprietary brands, expanding product lines, and developing a network of installers nationwide.
OPPORTUNITIES TO SCALE
The business has enormous scale opportunities, including expanding product lines, developing proprietary brands, expanding financing options, building a network of installers nationwide, and adding outdoor kitchen, home generators, solar, and home storage products.
Asking Price: $165,000
Gross Income: $849,381
Cash Flow: $46,218
Year Established: 2013
Employees: 1
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