Details - Information last confirmed on May 28, 2021
Listing ID # 32987
Luxury Gift Ecommerce Retailer with Trademark. Sales have grown year over year since inception, including 2020. They specialize in the sale of luxury gifts through two registered domain names and a Shopify based website. The business is now operated out of a 4,000 sf NJ based warehouse right outside of Manhattan. The rent is only $3,400/mth., including an office and ALL utilities with over 10 years remaining on the lease. The business can be relocated, if desired. In the past year the business grossed $1,647,768.00 with an owner's cash flow of approx. $254,165.00. The sale price INCLUDES $180K IN INVENTORY. The deal also includes a custom built complex multi-channel management system for management products and inventory in one place. The owner has built well established marketplace accounts with regular returning customers (Amazon US and Canada, Ebay, Walmart, Houzz, Rakuten). The business has an outstanding credit history and NET 30 day terms with most suppliers. There is also a well-trained warehouse staff of 2 F/T as well as 1 p/t outsourced worker. The owner is willing to finance a portion of the sale price and offer an initial 3 month training, plus additional phone consultation and support. For a seller financed deal, we are seeking a serious and financially qualified buyer with at least $500K in liquid funds. Proof of funds will be requested prior to releasing full financials or setting up a meeting or phone conference with the seller. This business has been SBA pre-qualified for a buyer with business experience, at least 20% down, good credit and collateral. To learn more, please call, text or email broker. All meetings must be scheduled by appointment only!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.