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Completely Relocatable E-commerce - Dorm Room Decor

Mobile County, AL

Completely Relocatable E-commerce - Dorm Room Decor
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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: $159,079

EBITDA: N/A

FF&E: $5,000

Inventory: $15,000

Established: 2014

Completely Relocatable E-commerce - Dorm Room Decor

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Business Description

Established Business that primarily offers customers stylish, affordable dorm room decor and accessories designed (but not limited) to meet the unique needs of dorm room life. Sales are custom packages that typically include lightweight custom twin headboards, pillows, bed skirts, comforters, linens, drapery panels, artwork, small furniture & other decor accessories. Products are selling nationwide and can be shipped anywhere including college campuses. There needs to be an aggressive sales effort in every state. Potential growth is quite remarkable with the proper marketing and team in place across the country.

Potential Growth Opportunities:

1) Strategically placed, commission based sales reps capable of hosting trunk shows, attending college orientations, college informational functions and local /regional industry related events.

2) Though products were designed for dorm room living, they can be used in any residential setting.Tweens, toddlers and seniors are a few of the markets in need of aggressive marketing.

3) Reaching economies of scale to improve gross profit margins

In addition to the stellar reputation and industry presence, the business purchase includes all inventory and equipment owned by the business. A user friendly website, state of the art Shopify E-commerce platform, customer database, social media pages, marketing materials, fulfillment processes and training assistance are in place assuring a smooth transition.

Detailed Information

Location:
Mobile County, AL
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business idea was launched in 2014 when the founders were moving their daughters into their college dorms and spent an enormous amount of time and money trying to put together a room that they (and their daughters) could be proud of. They thought their had to be a much more streamlined and cost efficient way to dress up an old dormitory. The business was launched and has had success with word of mouth and online sales, however, due to other full-time business ventures very little growth efforts have been pursued. This acquisition opportunity comes ripe with potential for the next ownership to scale and take the business to unprecedented heights.
Growth & Expansion:
1) Boots on the ground commission based sales reps attending college/university orientations 2) Taking concept to the Assisted Living market across the country 3) Reaching economies of scale to improve gross profit margins
Support & Training:
4 weeks
Reason for Selling:
retiring
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Christopher Bruner

Business Listed By:
Christopher Bruner

Transworld Business Advisors of Mobile

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Sponsoring Broker:
Bill Kleinschrodt, CPA, CVA, CFC

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