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.