All-Natural Cowhide Rugs Ecommerce

Asking Price:

$1,200,000 + Inventory

Financial Overview

Revenue:
$1,737,580
Income:
$504,102
Multiple:
2.5x

Business Description

For sale is an online-based, COVID-proof decorative cowhide business warehoused in Dallas, Texas, with product for sale coming solely from South America.

This company is eco-friendly in that the hides are harvested from livestock that are already raised for food in South America and their by-products used in the pharmaceutical industry. The products are all natural, authentic leather skins from cattle, sheep and goats, which are recycled from the meat industry and carefully inspected fiber by fiber at the factory and handpicked by the owner based on size, quality, and color.

Although the five-year-old company with its trademarked brand operates 24-hours per day seven days per week, the owner typically spends about 30 hours weekly running this family-owned and operated business that churns out a healthy profit. There are no extra staff, and the business runs itself except for receiving orders, inspecting product, and packing and shipping. The business also enjoys a solid social media following in the tens of thousands.

This business holds the top spot in its industry with virtually no competition because of the quality of the skins they sell combined with superior customer service.

The business financials have a paper trail through bank statements and e-commerce platform sales histories but tax returns cannot be used to finance this deal.