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Thriving Pet/kid Friendly Online Furniture Business In Canada For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$1,200,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,500,000 (CAD)
Cash Flow:
$800,000 (CAD)

For Sale: Thriving Online Business - Unique, Pet, and Kid-Friendly Sofas

An exceptional opportunity awaits with the sale of this successful online business, specializing in the retail of unique, pet and kid-friendly sofas. The company takes pride in offering products crafted from a distinctive selection of fabrics renowned for their scratch and stain-resistant qualities.

Established in 2020, this business has achieved remarkable growth, boasting a stellar performance in 2023, with sales totaling $3,000,000 and net profits of $500,000. Additionally, the business maintains a substantial inventory of $1.5 million CAD, ensuring a smooth transition for the new owner.

The reason for the sale stems from a partnership restructuring, with the need to liquidate two of the three partners involved. However, the option remains for one partner to stay on and oversee the operation, providing valuable continuity from acquisition to final sale.

One of the key selling points of this business is its unlimited growth potential, thanks to the unique fabric used in its products, which caters to the pet-friendly furniture market. Currently serving the Canadian market exclusively, there is substantial room for expansion into the lucrative US market, opening up a world of opportunities for the new owner.

If you are searching for a well-established, profitable online business with a niche product line, substantial inventory, and the potential for both domestic and international growth, this is a rare offering that should not be overlooked. Contact us today to explore this exciting venture in the expanding pet and furniture industry.

Property Information

Location:

Online

Premises Details:

This business is online and can be operated remotely. Our products come from selected unique manufacturer in Asia and Canada. Also, we have great number of pre-customized orders from our selected Canadian manufacture. Once delivered to our warehouse - it is drop shipped to our customers across Canada. Huge warehouse paid for storage & shipment.

Business Operation

Expansion Potential:

One of the key selling points of this business is its unlimited growth potential, thanks to the unique fabric used in its products, which caters to the pet-friendly furniture market. Currently serving the Canadian market exclusively, there is substantial room for expansion into the lucrative US market, opening up a world of opportunities for the new owner.

Competition / Market:

Untapped market because we are in a niche business of very highly demanded pet/kid friendly furniture.

Reasons for selling:

The two partners have expressed their desire to come out of the business due to personal reasons related to their changing life circumstances.

Trading hours:

24/7 Online ecommerce

Employees:
3
Years established:
3

Other Information

Support & training:

Option remains for one partner to stay on and oversee the operation, providing valuable continuity from acquisition to final sale.

Inventory / Stock value:
$1,500,000 (CAD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.