Website Closers® presents a scaling eCommerce Business in the Luxury Furniture Vertical. Offering products across a multitude of well-known brands, such as Tempur-Pedic and Ashley Furniture, this business has developed close relationships with luxury goods providers that will be invaluable to an incoming owner. This type of eCommerce Business model does not require a lot of the working capital and overhead constraints caused by others in the industry. As a drop ship company, it acts more like an affiliate than a brand owner – this is a strong advantage for those buyers looking to get into the eCommerce world and actually make money on every sale, rather than re-investing money earned into inventory, warehousing, warehousing employees, etc. With this model, one can focus on listing quality, SEO and building out the corporate brand. In house brands can always come later.
Providing consistent growth and tremendous cash flow due to its drop ship business model, this opportunity is a proven competitor in the evergreen furniture industry and will make a great target with a solid ROI. Possessing a singular digital storefront and minimal marketing efforts, this company has been able to scale while maintaining incredible promise that can be strategically built upon.
The business has performed well, with a 403% YOY growth rate and a treasure trove of SKUs and vendor relationships. It currently carries more than 16,500 individual SKUs with 250,000 more ready to be launched. Considering both the company’s powerful supply chain model and its strong AOV of $545, this target was developed with tremendous revenue capabilities.
Offering competitively priced, high-quality furniture pieces across 8 popular categories including living room, office, dining room, and commercial furniture verticals, this company could easily begin working with interior designers, large corporations, company chains, and real estate brokerages to ensure steady dealings.
With innumerable methods of scale at its fingertips, this company’s current business strategy maximizes shipping and relocation capabilities and minimizes cash flow constraints on buying and storing inventory. Sales are made solely through the company’s own domain, allowing the acquiring party the opportunity to scale beyond the current channel of sale.
Further product and category expansion could include channel diversification through Amazon.com, eBay, and Walmart.com. Also, developing an affiliate marketing strategy given the high AOV and boosting both awareness and sales through social media platforms like Facebook or Pinterest.
Relying solely on organic growth, abandoned cart retargeting, and Google advertising, this flourishing company could be further enhanced by an integral SEO strategy. Investing in social media page development and paid placements is a promising path in this highly visual industry with Pinterest, Facebook, and Instagram at the forefront. In fact, fully building out a Facebook presence along with a storefront on Facebook Marketplace could dramatically boost sales.
Weaving these practices into enhanced marketing tactics while leveraging the brand’s 143,500+ email database would also prove beneficial.
This business shows strong promise, its business model strategically developed to streamline operations. Requiring only 10 hours of work each week from current ownership, daily overall oversight includes vendor communications, bill paying, and high-level customer concerns. The company currently employs 7 skilled and experienced full-time employees and operations run smoothly with a logistics manager, a claims manager, and 5 customer service representatives.
With all of these driving factors in the hands of a progressive entrepreneur, there is no limit to what can become of this powerhouse of an entity. Any level of buyer will find comfort in knowing that they will be acquiring a business that promises steady revenue and effortless scale.
This eCommerce Dropship Company Represented by:
Tech, Internet & eCommerce Business Brokers
Listing ID: WC2420
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