E-commerce & Wholesale Storage & Organization Business for Sale in Mississauga, Ontario

Closet Spice

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Financial Details

Asking Price:
$75,000
Annual Revenue:
$481,000
Cash Flow / SDE:
$47,000
Profit Metric:
Cash Flow
Valuation Multiple:
1.6x
Location:
Mississauga, Ontario, CA
Source:
Date:
September 16, 2025

Key Highlights

Diversified revenue streams from e-commerce and wholesale channels.
Established brand with strong presence on major online marketplaces and partnerships with large retailers.
Significant growth potential through marketing, new wholesale accounts, and operational efficiencies.

Description

This listing presents a well-established e-commerce and wholesale business specializing in storage and organization products, operating under the brand name 'Closet Spice'. Founded in 2015, the business has successfully built a diversified revenue model, with 45% from wholesale to major retailers like Winners and HomeSense, 45% from Amazon (US & CAN), and 10% from its own Shopify store (closetspice.com). The company boasts strong customer satisfaction, efficient direct shipping, and a well-maintained Amazon account. Financials show a Gross Revenue of $481,000 and a Cash Flow of $47,000, with $55,000 of inventory included in the $75,000 asking price. The business is currently home-based and relocatable, with a lease on a 1,500 sq ft facility expiring in September 2025 at a monthly rent of $880. The owner is motivated to sell due to a demanding full-time career. Significant growth opportunities exist by expanding wholesale accounts, leveraging email marketing, increasing brand awareness through digital channels, and optimizing inventory management. The business is supported by a broker, Ankur Walia.

Industry Information

Industry Description:
E-commerce & Wholesale Business – Storage & Org.
Classification:
Wholesale & Distributors

Operational Snapshot

Year Established:
2015
Employees:
0
Reason for Selling:
Seller is selling due to a full-time career that requires 5 days back in the office and increased commitments.

Real Estate & Lease

Status:
Leased
Monthly Rent:
$880 CAD
Lease Expiration:
2025

Assets & Inventory

Inventory Value:
$55,000 CAD
Includes Inventory:
Yes

Broker Contact

Name:
Ankur Walia

Listing Details

Listing ID:
163442fc-ea33-4cc1-af27-134e028a768a
Source Listing ID:
2413007
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
CAD

Features & Tags

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