Do You Have Fabric To Make Money Online?

Business Summary

This Home Based Internet Business Opportunity sells fabric by the yard through a website. Founded in 2004 by an experienced entrepreneur. Owner has since moved on to another venture but remains the majority shareholder and serves as Chairman of the Board of Directors. The two other partners in the business serve as CEO and COO, running the daily operations since the beginning of 2006. Expanded marketing and product lines could allow reaching of new audiences and thus grow revenue by 50% or more. Increased business efficiency such as bulk inventory purchases could double or triple profit margin. Even without any push for growth, we have experienced a steady 20% annual revenue growth by the natural effect of word-of-mouth and more people willing to purchase online.

Facilities: Online Homebased Business Opportunity | Currently operated from a warehouse in downtown Los Angeles, subleased with a theater lighting company. Space is built out with offices and custom-made fabric racks. On site equipment includes fabric roller and swatch cutter, as well as computers connected to a T1 Internet connection.

Note that the business is extremely relocatable since we have no physical storefront and no fixed lease length.

Competition: Brick and mortar chains like Jo Ann’s. Internet stores like fabric.com, hancockfabrics.com, and denverfabrics.com.

Growth: Enormous. Expanded marketing and product lines could allow reaching of new audiences and thus grow revenue by 50% or more. Increased business efficiency such as bulk inventory purchases could double or triple profit margin. Even without any push for growth, we have experienced a steady 20% annual revenue growth by the natural effect of word-of-mouth and more people willing to purchase online.

Financing: Not Available

Training: Existing head of operations can continue run business indefinitely, or can provide any training or part-time assistance for as long as necessary.

Reason Selling: Majority shareholder has started another business.

Listed By: Owner