Rugs2Go is a verified listing for a thriving e-commerce brand specializing in high-quality area rugs. Established for over 5 years, this business boasts a strong reputation and a robust customer base. With over $1,000,000 in wholesale inventory value (retail value around $3,500,000), it’s a significant asset for any investor.
Key Highlights
- Established Brand: Over 5 years in operation with a loyal customer base.
- Valuable Inventory: Current inventory valued at $1 million, retailing for approximately $3.4 million.
- Proven Revenue: Generated $453,852.88 in online revenue in the past 12 months.
- Diverse Sales Channels: Sales through the website, Wayfair, and targeted ads on Facebook and Google.
- Efficient Operations: Fulfillment handled in-house via Shopify, ensuring reliable delivery.
✔️ Monthly Revenue: USD $34,669
✔️ Monthly Profit: USD $9,669
✔️ Profit Margin: 28%
✔️ Total Revenue: USD $416,028 (annual)
✔️ Total Profit: USD $116,028 (annual)
✔️ Main Expense: Product Cost – USD $7,801/month
Financial Overview
- Annual Profit: USD $116,028
- Monthly Profit: USD $9,669
- Profit Margin: 28%
- Profit Multiple: 8.6x
- Revenue Multiple: 2.4x
Monthly Expenses:
- Product Cost: USD $7,801
- Marketing & Other: USD $10,752
Growth Potential
Rugs2Go has significant opportunities for scaling through:
- Expanded Marketing: Increase digital advertising efforts to reach a broader audience.
- New Product Lines: Explore additional products to diversify the offering.
- International Markets: Potential to expand beyond the U.S. market.
Operations
Rugs2Go operates efficiently with a time commitment of about 10 hours per week, focused on:
- Order processing
- Customer service
- Managing advertising campaigns
This can be outsourced easily through platforms like Upwork or Fiverr.
Why Choose Rugs2Go?
- Turnkey Operation: Smooth transition for the new owner with established processes and systems.
- Solid Financials: Stable revenue and profit margins, making it an attractive investment.
- Loyal Customer Base: High percentage of repeat buyers showcasing satisfaction and product quality.
Ready to Take the Next Step?
Don’t miss out on this opportunity to own a successful e-commerce business with proven profitability.
✔️ Monthly Revenue: USD $34,669
✔️ Monthly Profit: USD $9,669
✔️ Profit Margin: 28%
✔️ Total Revenue: USD $416,028 (annual)
✔️ Total Profit: USD $116,028 (annual)
✔️ Main Expense: Product Cost – USD $7,801/month