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Ecommerce Store | Home and Garden
Ecommerce Store | Home and Garden (East Cleveland)© craigslist - Map data © OpenStreetMapEcommerce Store | Home and GardenVerified ListingUnique ergonomic products for home and office, established brand with $5M revenue and strong profit margin. Ready for growth and expansion.Shopify EcommerceHome and GardenEditors ChoiceSite Age14 yearsMonthly ProfitUSD $50,490 /moProfit Margin14%Profit Multiple4.3xRevenue Multiple0.6xView insights on multiplesAsking Price (Classified)USD $2,600,000Have a similar business? Get a free valuationAbout the BusinessAn industry-leading company in the home and furniture sector excels in offering quality ergonomic products designed for both residential and commercial settings. With annual revenues exceeding $5 million and deriving substantial profits from direct-to-consumer, wholesale, and B2B sales, this innovative business has effectively positioned itself to quickly launch new ergonomic products. Established in 2010, the company has cultivated a strong brand centered around functionality that enhances both comfort and productivity for users. The company's success is partly due to its strong connections with reliable manufacturing partners, allowing it to reduce production costs and swiftly respond to growing market demands. Its product line includes five key SKUs across 27 offerings, many of which are protected by domestic and international intellectual property rights. Their popular series addresses the ergonomic needs of students and professionals alike, helping to alleviate common issues associated with prolonged static postures. The company collaborates with prominent retailers, securing partnerships that facilitate extensive market reach. Positioned for further growth, it employs a diverse strategy to heighten revenues and profitability. This strategy includes bolstering direct-to-consumer marketing efforts, tapping into B2B and government sectors by offering solutions tailored for both traditional and remote work environments, and strengthening retailer partnerships for improved product visibility and increased sales. Additionally, the company aims to introduce new patented and patent-pending products, targeting both current markets and emerging niche sectors, thereby broadening its market influence and continuing its trajectory of innovation and expansion. Please visit https://referral.flippa.com/0nz3gllcu61a?url=https://flippa.com/11764317
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