Back to Listings Listing #45521: Furniture

Asking Price : $86,284

Annual Gross Revenue : $272,319

Annual Net Profit : $38,349

Profit Multiple : x2.25

Inventory Value: -

R-Index : 158

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From the Broker

This listing is for a dropshipping business created in April 2016 in the furniture niche. The Shopify site features over 230 products and focuses on a specific variety of office furniture. The business works with five suppliers across the US and requires minimal work from the Seller.

The business primarily gains traffic through paid Google ads. The Seller has created a Facebook account that is used for retargeting. An email list of 1.4k has been created, but it is not utilized beyond sending coupon codes.

The business requires less than 5 hours per week on average. Currently, the Seller has an employee working for the business that will not continue with the Buyer. This employee answers customer inquiries and processes orders. The Seller believes this work can easily be outsourced overseas due to SOPs they've created.

* Due to the high-ticket nature of the items sold, returns cause a fluctuation in profit month to month.

Site Highlights

Average Monthly Revenue: $22,693

Average Monthly Expenses: $19,497

Average Monthly Net Profit: $3,196

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of this business are:

  • Domain and all site content/files
  • Facebook account
  • SOPs
  • Supplier relationships

Work/Skills Required

The Seller has an employee who spends about 5 hours per week answering customer inquiries, processing orders, and fulfilling tracking numbers. The employee will not be continuing to work with the business. SOPs are included in the sale if the Buyer wishes to outsource these tasks too.

Reason for Sale

The Seller is looking to use the capital from the sale of this business to diversify their portfolio.

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Listed By

Sale Pending: No

First Seen: Tue, Dec 18th 2018

Last Updated: Tue, Jan 15th 2019

Rhodium Weekend 2015
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