Profitable importer of furniture and accessories selling online
Covina, CA
| Asking Price: | $135,000 |
| Gross Revenue: | $507,000 |
| FF&E: | $15,000 |
| Cash Flow: | $98,000 |
| Rent: | $5,600/Month |
| Established Year: | 2001 |
Listing ID: 2269500Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable long established company with turnkey operation. Very easy transition as all equipment and inventory is included. We import eco friendly bamboo and teak furniture and accessories and sell them online through various websites. The opportunity to expand is great, as we have no social media presence or advertising as well as we do not sell direct on Amazon. We sell to others who sell on Amazon. New owners can sell direct to Amazon and all other online retailers. Excellent opportunity for people who are social media savvy. Operations are very simple, receive orders, pick and pack and ship out. Can be absentee owner as well.
DETAILED INFORMATION
Location
Covina, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
30/06/2026
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a 5k square foot warehouse with large back yard. Location is ideal and safe. The warehouse has a neat feature where it has a room that can be considered a living quarters with its own bathroom and shower stall. Plenty of parking and electricity outlets. Lease is until 5/31/2027 and can be renewed at that time.
Competition
Other sellers of furniture. The competitive advantage is we buy at lower cost.
Growth & Expansion
The growth pros are unlimited by the new owners. Currently, this business has no social media presence, have no advertising at all, does not have a functional selling website and does not sell directly on Amazon. The pro's as with all business are competition.
Support & Training
Will train until new owners become fully competent. Most likely a week or two at most. This is a very simple and turn key operation.
Reason for Selling
Seller is retiring and has been just going through the motion for years.
BUSINESS LOCATION
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