BUSINESS DESCRIPTION :
Profitable E-Commerce Store, 150+ 5-star ReviewsOriental Lamp Shade Company: A Legacy of Excellence and Innovation
For decades, Oriental Lamp Shade Company has been synonymous with quality, craftsmanship, and innovation. As a third-generation family business with a long-standing reputation in New York City and within the interior design community, we have cultivated a strong relationship with our vendors and amassed a mailing list of over 5,000 contacts. Our commitment to customization has earned us a loyal clientele of interior designers working on large projects and long-term B2C customers both in-store and online.
Our highly skilled in-house factory team is dedicated to creating bespoke lampshades, ensuring each product meets the highest standards of excellence. We also offer a comprehensive lamp repair area, further extending our service capabilities.
In addition to our physical presence, we have developed a thriving online business based on a drop-shipping model, which has been growing steadily and has already reached break-even. This online venture is poised for excellent future growth, presenting a very profitable addition to our business operations.
This is a rare opportunity to acquire a well-established, highly respected business with decades of success. Oriental Lamp Shade Company's impeccable reputation, extensive customer base, and growing online sales platform make it a lucrative venture. With the current owner retiring and no family successor, we are offering this gem to a new owner who can build on its legacy.
DETAILED INFORMATION :
Location : New York, NY
Inventory : Not Included in asking price
Furnitures, Fixtures& Equipment (FF&E): Included in Asking Price
Competition : The market for custom and ready-made lampshades in New York City is robust, driven by high demand for personalized lighting solutions? (Expert Market Research)?? (Future Insights)?. The global lighting market is projected to grow at a CAGR of 7.3% from 2024 to 2032? (Expert Market Research)?. The online segment is expanding, with mid-sized competitors gaining traction. Oriental Lamp Shade Company is well-positioned to capitalize on these trends with its established reputation and skilled craftsmanship.
Support & Training : Oriental Lamp Shade Company offers comprehensive support and training. Our experienced seamstresses, with over 30 years of expertise, will train new employees and the new owner in custom shade creation, maintaining our high standards. Additionally, our current team will provide full support for managing and growing the online business during the transition.
Reason for Selling : Due to age and health considerations, the current owner is retiring.
