Home Decor Manufacturer and Wholesaler #103302
About The Opportunity
- Established over 20 years, Company manufactures, wholesales, and retails home decor art products for every age.
- Sales channel mix: wholesale to brick & mortar retailers (52%), online sales partnerships (20%), direct-to-consumer sales (10%).
- Works with hundreds of artists under licensing contracts to produce popular and distinctive artwork for all types of decor.
- Majority of products are produced on-site, Company has developed strong factory partnerships for the products produced overseas.
- Sellers are retiring and will offer training.
Value Proposition
- Asking price of $1.4M with approx. $460k Inventory and $130k FF&E.
- Average annual revenue of $5.7M over last 4 years.
- Active owners are supported by team of 39 employees, some have been with Company 10+ years.
- Company operates out of a recently renovated ~28,000 sq. ft. building in San Diego. 2,000 sq. ft. is used for office space.
- Sellers own building and will either offer fair market lease or consider selling building to buyer.
- View listing video & access NDA – https://goexio.com/home-decor-manufacturer
Other Important Information
Company has not focused on building sales through its own eCommerce sites. Sellers believe this is a significant growth opportunity for someone with that skillset because margins are higher through that channel.
By The Numbers
2016 | 2017 | 2018 | 2019 (est) | |
Gross Revenue | $4,539,000 | $5,358,000 | $6,580,000 | $6,546,000 |
SDE | $294,257 | $307,823 | $113,584 | $422,122 |
Be The First To Know
Tell us the kind of business you are looking to buy and we will keep you up to date on opportunities.