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Handmade Rugs eCommerce & Wholesale Business for sale in INT

INTERNET/E-COMMERCE (INT)

Asking Price: Gross: Cash Flow:
$ 4,750,000 $ 4,896,221 $ 944,412

Furniture and Fixtures Value:
$ 75,000 (included in the asking price)

Inventory Value:
$ 3,500,000 (included in the asking price)

Business Summary:
28 year old Handmade Rugs eCommerce & Wholesale Business specializing in fine hand knotted rugs in both modern and tradition styles. Very strong reputation online and in the industry. Over 7,000 product SKUs available with average order value of $900. 70% sales generated online, 20% on the phone and 10% at the warehouse. Good standing relationship with over 70 different suppliers. Owner manages supplier relationships and purchasing with all other operational activities handled by 8 full time employees. Approximately 15,000 square feet required to operate business. Diversified sales channels with 50% online retail and 50% wholesale. Online retail distribution includes Websites, Overstock, Amazon, eBay Wayfair, Houzz, etc. Target demographic is females between the age of 40 and 60, and upper-middle class to high net worth individuals. High growth opportunities include: international expansion, additional PPC Marketing, creation of an aggressive email marketing program, PR campaign, affiliate marketing campaign, etc. Owner will provide strong transition support and is selling for retirement. Owner is open to remaining employed as a part-time buyer or any additional help the new owner may have.

 

   
Year Business was Established: 1990
   
Number of Employees: 8ft  
   
Potential Growth/Expansion: High growth opportunities include: international expansion, additional PPC Marketing, creation of an aggressive email marketing program, PR campaign, affiliate marketing campaign, etc.  
   
Competition: Very strong reputation online and in the industry. Over 7,000 product SKUs available with average order value of $900. 70% sales generated online, 20% on the phone and 10% at the warehouse. Good standing relationship with over 70 different suppliers. Owner manages supplier relationships and purchasing with all other operational activities handled by 8 full time employees. Approximately 15,000 square feet required to operate business. Diversified sales channels with 50% online retail and 50% wholesale. Online retail distribution includes Websites, Overstock, Amazon, eBay Wayfair, Houzz, etc.  
   
Owner willing to finance: Yes  
   
Owner willing to train: Owner will provide strong transition support.  
   
Reason for selling: Retirement  
   
This business is Home Based.  
   
This business is Internet Based.  
   
Seller Reference Number: rug94321
BusinessMart.com Listing Number: 222729
 

 

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For more info contact:

Bob Young

Acquisitions Direct Inc
610-422-0051

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