High-End Furniture Ecommerce Brand Boasting Low Overhead and Strong YOY Growth
This luxury furniture eCommerce brand offers a wide selection of premium furnishings for every room of the home, including dining room, living room, bedroom, office, and outdoor furniture. The brand has built a polished reputation for providing quality goods at unbeatable prices, resulting in a strong YOY growth rate and a nearly 20% repeat order rate.
OPERATIONS
Operating under a 100% drop ship model, this eCommerce brand enjoys returns on every sale without the need for warehouse or inventory overhead costs. This allows for additional investments in marketing and SEO initiatives. The company’s established workflow streamlines operations, requiring only 10 hours of work each week from current ownership.
The company operates on a drop ship model, allowing it to offer a vast selection of over 16,500 SKUs without the need for inventory or warehouse overhead costs. There are plans to expand the inventory by 250,000 additional pieces. A logistics manager, claims manager, and customer service representatives ensure smooth operations.
MARKETING AND KEY METRICS
The company currently relies on organic growth, abandoned cart retargeting, and Google advertising. However, there is potential for further growth through more vigorous social media outreach, including paid placements on platforms like Pinterest, Facebook, and Instagram.
The company currently operates through its eCommerce website, leveraging organic growth, abandoned cart retargeting, and Google advertising. Further growth opportunities can be explored by incorporating more vigorous social media outreach and paid placements on platforms like Pinterest, Facebook, and Instagram.
Key metrics for this eCommerce brand include a strong YOY growth rate, a nearly 20% repeat order rate, and strong customer loyalty. Testimony amplification is a critical asset for the brand.
The customer base of this eCommerce brand includes individuals who appreciate luxury furniture at unbeatable prices. The brand has built a strong reputation for quality goods and enjoys a nearly 20% repeat order rate, indicating fierce customer loyalty.
BUSINESS MODEL & RESOURCES NEEDED
Seven capable and experienced full-time employees, including a logistics manager, claims manager, and multiple customer service representatives, manage the day-to-day operations of the business. Scaling up staff as inventory expands would allow for further growth and impeccable service.
THE INDUSTRY
The luxury furniture industry is a highly competitive market, with various players offering high-end products. This eCommerce brand stands out by providing quality goods at unbeatable prices. It has built strong relationships with luxury goods providers such as Tempur-Pedic and Ashley Furniture, allowing customers access to over 16,500 top-of-the-line SKUs.Examples of other players in the luxury furniture industry include high-end furniture retailers like Restoration Hardware and Design Within Reach.
OPPORTUNITIES TO SCALE
There are several scale opportunities for this eCommerce brand. One example is partnering with interior designers, real estate agencies, resellers, and decorators to provide additional steady sales. Expanding the inventory to include more products for every room of the home and investing in paid placements on social media platforms are other scale opportunities.
Asking Price: $5,600,000
Gross Income: $6,806,700
Cash Flow: $1,253,747
Year Established: 2018
Employees: 9
- Two Highly Profitable Sports & Fitness Ecommerce Brands For Sale - July 8, 2023
- Branded Ecommerce Company for Baking Goods - July 8, 2023
- Trendy Baby Fashion Retailer Ready to Launch - July 8, 2023
