Recently Sold!
Established Designer Fabric Ecommerce Business
Asking Price: $199,000
Description
Available for a Limited Time Only!!
The business continues to see consistent profits with little to no advertising spend. As a highly motivated seller, this listing is priced to sell! The seller is seeking a quick close as they are in the process of relocating for retirement.
Overview
This business is an online fabric store selling higher end, designer quilting fabric with all sales currently converted through its Shopify store. The company is operated from a homebased office with one owner spending about 20 hrs/wk handling all aspects of the business which includes fulfilling orders, managing inventory, customer service, and marketing tasks.
The site benefitted during the Covid-19 crisis as demand for fabric grew during this time. In 2021, the site’s growth was intentionally limited to keep the site at a level manageable for the owner due to health issues and competing priorities.
Key Benefits
- YoY Growth
- High Net Profit Margin
- Well Established
- Loyal Customer Base
- Reputation for Outstanding Customer Service
- Significant Future Growth Opportunity
Financial Overview
| Gross Revenue | $172,168 |
|---|---|
| Cash Flow | $84,194 |
| Archive Date | 07-09-2022 |
| Status | Archived |
| Year Established | 2008 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Select Industry |
| Location | USA, California |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building on its well-established foundation and success, some strategies for future growth include:
- Increase SKU’s and Product Lines
- Loyalty Program
- SEO
- Social Media
- Influencer Marketing
- Google Ads
Competition
Providing stellar customer service, curated collections, competitive prices, quality products and its loyal community all give this business a competitive edge in its industry.