Asset Sale With Great Potential to Grow Business

Temecula, CA (Riverside County)

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Asking Price: $95,000

Established: 2015

Asset Sale With Great Potential to Grow Business

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Asset Sale Description

Unique Niche Market with Only Two Competitors Nationwide

98% of homes in US have plain, bare, builder mirrors glued to the bathroom walls. Our proprietary DIY mirror framing system makes it simple, easy and affordable to add a Designer Quality frame to any size bathroom mirror. Our beautiful frames add the WOW factor to any bathroom.We ship nationwide via FedEx ground. We also do local business where we offer a free In Home Consultation much like a window covering store would do.

We are currently breaking even (that is why this is an asset sale) but there is much upside potential to grow this business. Our profit margins are better than normal ( about 60%) but the business needs more sales to become profitable. One of our competitors has 14 employees and is getting most of the online business because they are highly rated by Google. We need more backlinks and marketing effort to gain more online business but we are showing uo on first page of Google search for several search terms/keywords. We are a Home Depot online vendor as well and that business is steadily growing. There are other products that can be added to our website which I will explain to potential buyer. New owner should have some understanding of online retail sales. To better understand our business model you should visit our website at; www.mirrorchic.com.Why am I selling? I am 78 and want to retire. This business is easily relocate-able to any place in USA.

Detailed Information

Location:
Temecula, CA
Facilities:
Sale includes about $40K in molding inventory, $15K equipment, $8K cargo van in excellent condition with advertising wraps, $2K in misc supplies and website as well as Home Depot vendor account. We occupy a 2000 Sq. Ft. shop facility with some office. This business can be easily moved anywhere in the USA.
Financing:
All Cash
Support & Training:
I will be available to train and help new owner for six months.
Reason for Selling:
Retiring
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Asset Sale Listed By:
James Price

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Ad#:1870889

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