Furniture Ecommerce Retailer Offering Over 11,000 SKUs
This highly automated 100% drop-ship ecommerce retailer offers over 11,000 home furniture SKUs through an attractive website storefront. The company has realized 100% year-over-year growth since inception, and features a completely remote fulfillment platform with minimal working capital and warehouse requirements. The product line is moderately seasonal and the business can be operated from almost anywhere by any ownership.
OPERATIONS
The company is drop-ship based and has established supplier relationships. Ownership invests a minimum amount of time to oversee profitable operations.
The company has minimal warehouse requirements and a completely remote fulfillment platform.
MARKETING AND KEY METRICS
The business can scale immediately by adding up to 45,000 additional products to their lineup from existing suppliers, by adding additional product lines and by adding a house brand to maximize margins.
The company can grow by adding additional product lines, expanding their supplier relationships, and developing a house brand.
100% year-over-year growth, 50% minimum growth projection, 11,000+ SKUs, 11 top brands, moderately seasonal
The customer base includes those interested in home furnishings and décor.
BUSINESS MODEL & RESOURCES NEEDED
The company has part-time workers and minimal labor expenses.
THE INDUSTRY
The furniture ecommerce industry is a growing sector of the home furnishings market. It includes companies such as Wayfair, Article, and Joybird, which have gained popularity due to their online presence and ability to offer a wide variety of products at competitive prices.
OPPORTUNITIES TO SCALE
By adding up to 45,000 additional products to their lineup from existing suppliers, by adding additional product lines and by adding a house brand to maximize margins.
Asking Price: $849,000
Gross Income: $1,393,557
Cash Flow: $254,190
Year Established: 2014
Employees: 1
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