Throw rug business for home or outdoor use. Unique handcrafted products made in India. All design work completed. Stock to hit the ground running for Christmas.
The business operates an online store specializing in handmade throw rugs for home and outdoor use. Established two years ago, these products are designed in Australia and crafted in India, with storage and sales happening in Australia through their website and a well-known marketplace. The store boasts a profit margin exceeding 60% and relies on established supplier relationships with sources in India and Morocco. It has a strong social media presence with 20,000 followers on Instagram and 2,000 email subscribers. Sales traditionally peak in the summer and the Christmas period and transactions are conducted through their website and marketplace. Additionally, the business participates in an annual physical market event generating substantial revenue.
Despite a decrease in revenue during the second year due to personal commitments, the business has potential for growth through markets and wholesale opportunities. The business stocks 12 unique handcrafted throw rug designs, maintained by a reliable Indian supplier capable of flexible and fast order fulfillment. All operations, including storage, packing, and customer service, are handled in-house with a streamlined and simple process, consuming minimal daily management time.
The customer base primarily consists of Australian women using the rugs for various settings, with occasional international orders. Inventory worth approximately $8,000 AUS, translating to potential revenue of $45,000, is available. The business can be managed remotely and offers the flexibility to operate from anywhere in the world. Post-sales support is available for eight weeks, ensuring a smooth transition for the new owner.
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