For Sale:
Dropship Modern Office Furniture Niche Ecommerce Business
Asking Price: $55,000
Description
The office furniture market is a multi-million dollar industry and includes a wide range of office furniture, from cabinets and bookcases to desks and chairs. According to Research Nester, the U.S. Office Furniture Market is anticipated to grow at a CAGR of 12% from 2015 thru 2021, accounting for nearly 38.6% of the market share in 2016.
Today, the average office worker sits for approximately 10 hours per day. It begins at work, in front of a computer and then ends in the evening surfing the Web at home. Having the proper work station is crucial to being productive, however, the changing landscape of the office dynamic and the nature of work is what is driving the Industry. In 2013, this business was created as a niche site filling a large untapped gap of office furniture that catered to consumers who were looking for design oriented, innovative office furniture which reflected individual work style. The business has developed a distinctive niche with a fresh approach to branding office furniture.
The site offers a complete line of modern office furniture, décor, lighting and office storage. This is a 100% dropship model as all products are shipped to customers direct from the vendors. With no physical inventory to manage or handle, this website business is run from a home-based office, is easily relocatable and can be operated from any location with internet access. This business is run by one owner operator who handles all the day-to-day, weekly and monthly tasks working approx. 15 hours per week.
This listing is an asset sale and is priced at an attractive multiple to sell. Its key benefits include: steady cash flows, 100% dropship model, homebased, nice margins, customers who will spend thousands on one project and lots of potential for future growth. The business continues to demonstrate its ability to perform even with no marketing. Building off its established foundation and applying some marketing efforts, acquisition of this listing presents an opportunity for a new owner to purchase this business at a great price that just needs attention/marketing to readily increase sales and start to really grow.
Financial Overview
| Gross Revenue | $100,611 |
|---|---|
| Cash Flow | $30,849 |
| Archive Date | 01-21-2018 |
| Status | Archived |
| Year Established | 2013 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Furniture |
| Location | USA, California (Orange) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building upon its established foundation, this business is perfectly positioned for a new owner to take to the next level of growth. A few ideas for future growth include: implementing strategic marketing campaigns geared to target industries both online and offline, SEO, add PPC advertising and expand by offering new products that would be synergistic to the current mix.
Competition
Offering design orientated, innovative, quality products at affordable prices with the ease of one-stop online shopping gives the company an advantage in its marketplace.