Asking Price: $815,000

San Francisco, CA

Jon Hainstock

Quiet Light Brokerage, Inc.

April 3, 2023

Ergonomic Chair and Desk Company

Asking Price: $815,000

Business Description

Profitable business with large market potential.

This ergonomic chair and standing desk business was started in 2018. It gained traction by selling to businesses and positioning itself as the go-to high-quality, affordable option for outfitting an office.

At the start of the pandemic, many clients closed their doors, forcing the business to pivot to e-commerce.

The business hired a marketing team, expanded inventory, and began advertising on social media. This change allowed them to successfully transition from a PO-based business to an e-commerce business.

Simultaneously, the business launched a brand to service contract dealer clients. In doing so, they brought on commission reps and began drop-shipping for this segment of the market.

Due to budgetary constraints, the business paused marketing, and as a result, sales declined.

Now, most sales come from contract furniture dealers and manufacturers who prefer purchasing from the business in small batches rather than from overseas producers.

The owner is a strong salesperson but is not an expert at growing an e-commerce business and wants to sell so he can focus on other things.

The next owner can take advantage of the strong foundation built on quality products and strong manufacturing relationships.

This business is not SBA eligible. Cash buyers only. However, the seller is open to seller financing and earnout structures.

Detailed Information:

Gross Revenue: $525,000

EBITDA: $327,000

Inventory: $175,000* - Not included in asking price

Location: San Francisco, CA

Facilities: Home Based

Support & Training: Up to 40 hours over the course of the first 90 days

Established: 2018

Reason for Selling: The seller believes he is limiting the potential of the business and does not have the bandwidth to grow.

Contact

The information in this listing has been provided by the business seller or their representative. BluSpace has no ownership in the sale of this business and has not independently verified the accuracy or completeness of this information. We are not responsible for any errors or omissions.