* Included in Asking Price
Established in 2011, this successful B2B & B2C furniture business has become the premier source of high quality, contemporary furniture across the USA and Canada. Having cultivated strong relationships with major online retail platforms, in addition to a robust supply chain and logistics infrastructure, this opportunity is well positioned for growth.
The business has durable relationships with manufacturers in Asia, allowing the company to provide input on design and optimally manage the pricing of its offered products, making them highly competitive in the marketplace and attractive to the customer base. In addition, strong relationships with multiple 3rd party warehouses enable efficiency from an order fulfillment perspective. The business capitalizes on a diversified client base with the majority of revenue generated through recurring contracts with major stores and online retail platforms.
The company has established a successful e-commerce presence, including a well-designed, interactive website based on a carefully engineered marketing strategy and an exceptional online client experience. The customers are supported by a dedicated customer service team.
This business has demonstrated exceptional historical financial performance, consistent sales, and solid year-over-year returns. Operationally, the company employs highly skilled staff with strong purchasing knowledge and expertise in purchasing, order fulfillment, marketing, and customer service.
This is an excellent add-on acquisition for an existing wholesale or retail furniture business and it’s also ideal for an owner-operator looking for a successful turn-key opportunity. The existing owner is willing to provide the required training and support to ensure a smooth transition.
Asking price (Business): $299,000
Revenue (3 Year Average): $2,685,809
Normalized SDE (3 Year Average): $127,349
Normalized EBITDA (3 Year Average): $52,349
Working Capital Included: $163,604
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