Ecommerce Website for Sale in Corfu, Greece
Commercial furniture ecommerce website based in Greece.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | USD 570 thousand |
| Run Rate Sales | USD 820 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Furniture + 1 more |
| Locations | Corfu |
| Local Time | 10:07 AM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
570 thousand
(Native Currency: EUR 500,000)
Reason: The owner wants to concentrate on their digital marketing consulting (their other business).
Althou...
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Business Name
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User Verification
Documents
Domain-Verification.pdf
(212.9 KB)
Business Overview
- B2B platform that sells furniture to commercial establishments in Greece and Cyprus.
- We have created systems to increase productivity and help in strategic marketing.
- We are resellers of multiple brands and sell a few products under our own brand name.
- Order fulfillment is completely outsourced to a 3PL provider.
- Our focus on systems and high productivity helps us operate the business with just 2 employees.
- Right we have a low gross margin of 16% as we do not keep inventory and resell from importers.
- However, with our processes and high productivity we can reach an EBITDA of 20% if we start keeping some inventory.
- We have created systems to increase productivity and help in strategic marketing.
- We are resellers of multiple brands and sell a few products under our own brand name.
- Order fulfillment is completely outsourced to a 3PL provider.
- Our focus on systems and high productivity helps us operate the business with just 2 employees.
- Right we have a low gross margin of 16% as we do not keep inventory and resell from importers.
- However, with our processes and high productivity we can reach an EBITDA of 20% if we start keeping some inventory.
Products & Services Overview
We sell commercial furniture for hotels, restaurants, cafes, event caterers and organizers, schools, and offices.Multiple brands.
Our top-selling product is wedding chairs (each order has a minimum shipment quantity of 200)
While our top-selling category is office chairs.
Assets Overview
No tangible asset is owned by the business.Intangible assets include.
- Client base,
- Detailed sales data and analytics for the last 12 years.
- Famous domain name and website (Our brand's name in Greek means furniture).
Facilities Overview
Our office is in Corfu. This office is owned by the company founder. The office is not included in the sale.All warehousing and delivery is done by a 3PL provider.
Capitalization Overview
- The founder created this business using their own funds and zero outside funding.- They are the sole owner of this business with 100% IP ownership of it.
Recent Activity
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
-
Earlier than 15 daysSenior Manager, Project Management, Kifisia, Individual Investor / Buyer connected with the Business
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