Highly Profitable e-commerce business based in Fort Worth, TX. Company founded to design and produce high quality, completely original, wood and wood hybrid (wood and/or metal) products to businesses. Sale includes pending federal trademark, pending non-provisional patent, extensive company assets, and long standing international and domestic manufacturing, wholesale, and logistics partnerships. Established 2013; incorporated and re-branded as an S-Corp in 2016. If you’re looking for a career change and want to work with your hands as well as your head, this may be the opportunity you’ve been looking for.
Assets included in the sale of this company are extensive. Tool holdings include multi-tool 4x8 CNC machine, large format high-wattage CO2 Laser cutter, large 3d printer, industrial SawStop table saw, as well as various hand and support tools and fixtures. Also included is a late model commercial delivery van. Substantial current model inventory is included to ensure the business can meet buyer demands through the transition. All partnerships and wholesale relationships are included in the sale. Partnerships include domestic and international manufacturing relationships as well as wholesale and retail sales contacts, fulfillment contracts, and logistics agreements.
Current company operations focused efforts on product design, sourcing excellence, and world-class customer service. New product design initiatives are underway and will transfer to new owner. Non-provisional, utility patent is pending on these new products. All past sales resulted from company’s e-commerce website ($100,000+ in 2019), custom sales ($25,000+ in 2019) and wholesale relationships ($100,000+ in 2019). No third party platform listings like Amazon or eBay have been explored.
Owner wishes to pursue other product designs in different industries but can be retained for up to six months in order to facilitate a smooth transition. Other obligations prohibited owner from focusing on this company full time. The ground work has been laid for a new owner to take-over the reigns and expand company reach and operations. Future owners should enjoy working with their hands. Woodworking experience, online sales experience, and experience with third-party sales platforms like Amazon may be a positive but are definitely not required. Because all sales are on-line sales, tools and business operations can be easily re-located. Current owner can assist with the relocation inside the continental US.
Priced for immediate sale: valuation is based on an extremely competitive industry multiplier for e-commerce (1.75x) using average sales in 2018 & 2019 + inventory + tools. Products offered are industry leaders and unique in a fast expanding B2B market with high-markup and very low - sub 1% - return percentage. Company offers strong branding and a loyal customer base. Get in touch to learn more.
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