8.1 / 10
 Corfu

Commercial furniture ecommerce website based in Greece.

Key Business Facts
Yearly Sales USD 840 thousand
EBIDTA Margin Operating at loss
Industries Furniture
Locations  Corfu
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.
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.
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.
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).
Full Sale
Asking Price: USD 590 thousand (Native Currency: EUR 500,000)
Reason: The owner wants to concentrate on their digital marketing consulting (their other business). Althou... View More
Interested to connect with advisors
In talks with 2 Investors
Contact Business or Enquire on WhatsApp