E-commerce rug distributor in North Jersey.
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Asking Price
$200,000
Detailed Information
Business Description
A well-established e-commerce distributor of rugs and carpets in Passaic County is for sale at a great price. The company has been in business for 8 years, serving big-box department stores, furniture retailers, carpet stores, discount shops, and more in the U.S., Canada, and the Caribbean. Sales are increasing, and there are opportunities for further growth by expanding into the Canadian and Caribbean markets, adding new distributors, and introducing more products. The business has a high gross profit margin of 75%, low labor costs, and uses UPS and FedEx for shipping. The product line includes a variety of rugs and mats like area rugs, welcome mats, kitchen mats, and runners, stored in a spacious 9,000-square-foot warehouse in North Jersey. The company relies on its big-box distributors for advertising, keeping marketing costs at zero. The owner is looking to retire, creating an excellent opportunity for a new owner to take over and continue growing the business. With steady sales growth and potential for