This rare 14 year old drop ship American Made leather furniture business is operated by a husband and wife team in their mid-60s, with no Virtual Assistants.
Ninety-five percent of the traffic is made up of organic searches and repeat visitors. The owners have never tried paid advertising to acquire new customers.
All revenue is collected before any invoices are due, creating a strong positive cash flow model. And with an average order value of over $4,100, all orders are completed via telephone and the website acts as a catalog only. Revenue growth has been consistent in recent years, and COVID-19 has caused a sizable bump since April of 2020.
The business has been valued based on adjusted COVID numbers. See the List Price Logic section within the PDF Summary and in Key Metrics section of the P&L.
The TTM Seller’s Discretionary Earnings (SDE) has been adjusted to reflect full accrual accounting. Accounts Payable value for orders that are currently in process and are the responsibility of the current owner.
This business has been SBA Pre-Approved.
This business is currently under offer and therefore no longer available. Join the waiting list to be notified if it becomes available again
Like all of our team members, Joe Valley is a serial entrepreneur who has extensive experience in starting up and managing online businesses. Joe was first introduced to Quiet Light Brokerage when we advised him on the sale of an Internet enterprise.
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