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Handmade Rugs Ecommerce & Wholesale Business

Location:Delaware

Category:Online Businesses

Asking Price:$1,250,000

  • Sales revenue : $4,996,221
  • Net profit : $1,000,081
  • Furniture/Fixtures value : $75,000
  • Inventory/Stock value : $3,500,000
  • Handmade Rugs Ecommerce & Wholesale Business
  • Handmade Rugs Ecommerce & Wholesale Business

Business description

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.

Other Information

  • Selling Assets: 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.
  • Is Business Relocatable?: Yes
  • 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.
  • Expansion: High growth opportunities include: international expansion, additional PPC Marketing, creation of an aggressive email marketing program, PR campaign, affiliate marketing campaign, etc.
  • Years Established: 1990
  • Employees: 8
  • Support Training: Owner will provide strong transition support and is selling for retirement.
  • Reason For Selling: Retirement
Acquisitions Direct, Inc
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