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