Overview
Willing and Table is a handcrafted eCommerce brand focused on the niche board game furniture market. Launched over four years ago, the brand specializes in premium, made-to-order gaming tables that cater to enthusiasts seeking both aesthetics and function. With an impressive average order value (AOV) of $4,158 and a net profit margin of approximately 59%, the business demonstrates strong profitability with minimal operational input—just 5 hours per month by the current owner.
The business stands out for its 100% organic growth—driven entirely by Etsy presence and word-of-mouth—with no paid advertising or marketing efforts to date. Manufacturing is fully outsourced to a skilled contractor, and the current owner simply oversees communications and customer coordination.
Despite the operational simplicity and high-margin product, a closer review reveals a few red flags in financial consistency and a limited online footprint, which must be addressed before acquisition. That said, the niche is underserved, brand positioning is compelling, and there is substantial upside potential for a hands-on operator.
Key Insights
Website Performance and Metrics
Website Speed:
The Shopify-based website loads adequately but lacks optimization for mobile, particularly on product pages with large image assets. Speed is not currently an issue due to low traffic, but will become a critical factor when scaling paid traffic campaigns.Product Variation & SKUs:
There are very few products—only one core offering with customization options (e.g., color, size). While this makes operations lean, it also limits upsell and cross-sell opportunities. The SKU count is too low for sustainable long-term growth unless more variations or complementary accessories are introduced.AOV & Customer Lifetime Value:
With an AOV of $4,158, the brand operates on a high-ticket model, which is ideal for achieving profitability with low volume. However, LTV (Lifetime Value) is low since the product is a one-time purchase for most customers. Repeat customer rate appears to be minimal due to the nature of the product.Website Conversion Rate:
The conversion rate is not publicly disclosed. However, based on total revenue and orders (roughly 3 orders per month), it likely sits below industry averages. A high-ticket item often requires trust signals (reviews, detailed testimonials, more product visuals), which are currently lacking.Design & Presentation:
The website is visually strong, with a clean design and minimal distractions. However, the lack of customer reviews, testimonials, and user-generated content reduces buyer confidence. Adding these elements would significantly enhance conversion rates.Brand Positioning & Customer Sentiment:
Willing and Table has built a small but loyal following in a passionate niche. Its Etsy reviews are strong, but the brand lacks presence on independent review platforms like Trustpilot. This absence, coupled with almost no community engagement, creates challenges in scaling trust.Marketing Efficiency & CAC:
No paid marketing means current Customer Acquisition Cost (CAC) is near zero. However, the business has not tested paid acquisition channels, which creates uncertainty around performance at scale. There’s opportunity here, but also risk, as high-ticket products typically require longer conversion windows and more nurturing.Scalability Potential:
The business is very scalable operationally due to outsourced production. However, demand generation (sales and marketing) has not been validated through paid campaigns. Without customer acquisition proof points, scaling remains speculative.Product Offering & Positioning:
The positioning as a “luxury yet accessible game table brand” is effective. There’s potential to reposition slightly higher or diversify into mid-tier offerings. Opportunity exists to create bundles (tables + accessories) or launch complementary furniture to raise LTV.
Finances
Revenue & Profit (TTM):
Revenue: $80,171
Net Profit: $47,351
Monthly Revenue: $6,680
Monthly Profit: $3,945
Profit Margin: 59%
These figures are impressive on the surface—particularly the margin profile. However, inconsistencies in revenue are a red flag. October and November reportedly had zero profit and zero revenue, indicating potential seasonal volatility or production bottlenecks. These dips must be explored further.
Multiples Analysis:
Revenue Multiple: 0.8x
Profit Multiple: 1.3x
Both are within reasonable bounds. The low profit multiple may reflect the minimal time investment required from the owner and the non-scaled marketing operation. These multiples could present a buying opportunity if growth potential is unlocked.
Marketing (Paid & Organic)
Organic Marketing:
Nearly 100% of revenue is driven by Etsy traffic and organic reach, which includes referrals and word-of-mouth. This suggests strong product-market fit and customer satisfaction.Paid Advertising:
No paid campaigns have been run to date. While this has kept expenses low, it also means there is no historical data on CAC, ROAS, or audience performance. There is untapped potential here, but it will require initial experimentation and cash flow to validate.Email List:
Email list is extremely small (5 contacts). This is a missed opportunity, especially given the high AOV. Email marketing could be leveraged for upsells (table accessories), post-sale nurturing, and promotional campaigns. A priority growth area.Influencer / Community Marketing:
There’s no evidence of influencer outreach or community partnerships, which are often highly effective in the gaming and furniture spaces. Potential exists to collaborate with board game reviewers or tabletop influencers.
Operational Efficiency
Manufacturing:
Outsourced to a single trusted contractor. This makes the business highly passive but creates a key-person risk. If the contractor were to exit, the business would be at risk unless contingency plans are in place (such as onboarding a second contractor).Owner Involvement:
Approximately 5 hours per month—mostly overseeing orders and customer communication. Operations are otherwise streamlined and hands-off. This makes the business attractive for investors or hands-off operators.Fulfillment:
Made-to-order production eliminates inventory risk but extends lead time. Scaling up would require pre-negotiated expansion plans with the contractor or onboarding additional craftsmen.
Customer Data & Relationships
Customer Base:
Roughly 8 customers and 3 orders per month (based on available data). This is a small but high-value customer base. There’s no active CRM or segmentation strategy in place.Repeat Purchases:
Low—expected for a product like furniture. However, there is potential to create a product ecosystem (add-ons, chairs, card holders, etc.) to increase customer retention and LTV.Customer Feedback:
Etsy reviews are reportedly near-perfect, indicating strong satisfaction. There are no Trustpilot reviews or verified ratings on other independent platforms, which limits brand credibility.
Legal & Compliance Due Diligence
Business Structure & Location:
Based in the United States. No specific information is available regarding business registration, trademark ownership, or legal contracts with contractors. These would need to be verified during direct seller discussions.Intellectual Property:
No mention of IP ownership or design patents. Given the custom design nature of the product, IP considerations (design copyrights or trademarks) should be explored further.Contractor Agreement:
It is essential to confirm the terms of the contractor relationship (e.g., exclusivity, non-compete, production timelines) to avoid future operational disruption.
Challenges Identified
Inconsistent Revenue:
Months with zero revenue/profit indicate either seasonality, production delays, or demand stagnation—all of which pose risk.Lack of Paid Acquisition Validation:
No historical paid marketing campaigns leave a major gap in understanding growth potential and scalability.Overreliance on One Contractor:
Current operations are entirely dependent on a single external craftsman. This creates a bottleneck and operational fragility.Extremely Small Customer Base & Email List:
With only a handful of customers and almost no audience to retarget, brand equity is still underdeveloped.Lack of Operational Redundancies:
No backup plan in place if the current contractor becomes unavailable. No internal SOPs or documentation are evident.
Recommendations
Engage Seller Directly to Clarify:
Confirm October and November revenue drop: seasonal dip or operational issue?
Gather financials for the last 6 months (P&L, traffic, costs).
Understand reason for selling beyond "pursuing other ventures."
Mitigate Operational Risk:
Secure a secondary manufacturer or document the production process for future contractors.
Explore potential to internalize production if scaling.
Test Paid Acquisition:
Launch small-budget experiments on Meta (Facebook/Instagram) and Google to validate CAC and ROAS.
Use influencer marketing to drive low-cost awareness in the gaming community.
Build Digital Infrastructure:
Develop email capture strategy and nurture flows.
Collect more customer reviews and feature them prominently on-site.
Explore Upsell/Accessory Opportunities:
Expand catalog with smaller, easier-to-produce items to increase LTV and repeat purchases.
Conclusion
Willing and Table presents a compelling, high-margin niche eCommerce business with strong fundamentals in craftsmanship, customer satisfaction, and operational simplicity. However, the business remains underdeveloped from a scalability standpoint, with significant gaps in marketing infrastructure, customer base, and revenue consistency.
While the low multiples and minimal overhead make this a potentially attractive acquisition, any buyer must approach with caution and a clear growth plan. Due diligence should focus heavily on validating recent revenue fluctuations, contractor agreements, and customer acquisition viability through paid media.
With the right strategic execution and investment into marketing and operations, Willing and Table could evolve from a niche artisan side-project into a category leader in custom gaming furniture.