Business 2 Business Distribution Company
Wholesale and Distribution - Wholesale and Distributors | Hair and Beauty - Hair and Beauty Retail and Distrib.
| Asking Price: | Not Disclosed | Inventory: | $400,000 ++ |
| Gross Revenue: | $2,740,162 (comments below) | Real Estate: | n/a |
| Cash Flow: | $330,097 (comments below) | FF&E: | $57,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 Tax Return | |||
| Cash Flow Comments: 2008 SDCF | |||
Founded in 1948 and purchased by the current owners in 1969, this company has maintained an excellent reputation as a regional distributor of beauty supplies and equipment. They offer a full line of beauty and barber supplies, equipment, and education and new salon planning for beauty salons and barber shops. In addition, they offer many items for beauty supply stores.
Providing excellent service to more than 3000 customers, manufacturers count on them to support and promote their lines, including the latest hair products, the hottest nail colors, as well as all the basic necessities for daily operation.
In recent years, the company has differentiated itself by capitalizing on the growing demand for ethnic products. The ethnic markets targeted include African American, Hispanic, and Asian markets. By ensuring that the people in their sales organization are knowledgeable about the products and the special requirements of these underserved ethnic groups, our client has developed relationships with the ethnic markets that have led to increased revenues and profits.
The company has expanded its furniture and equipment business by offering design solutions with affordable third-party financing arrangements to the markets their serve.
In keeping with a focus on growth, this company continues to concentrate their sales efforts on several of the fastest growing specialty lines in the industry. Because of their reputation, manufacturers know that they will be more aggressive than some of the larger distributors in promoting their products, and therefore, have given them exclusive (or partial exclusive) territories for the distribution of niche products.
Providing excellent service to more than 3000 customers, manufacturers count on them to support and promote their lines, including the latest hair products, the hottest nail colors, as well as all the basic necessities for daily operation.
In recent years, the company has differentiated itself by capitalizing on the growing demand for ethnic products. The ethnic markets targeted include African American, Hispanic, and Asian markets. By ensuring that the people in their sales organization are knowledgeable about the products and the special requirements of these underserved ethnic groups, our client has developed relationships with the ethnic markets that have led to increased revenues and profits.
The company has expanded its furniture and equipment business by offering design solutions with affordable third-party financing arrangements to the markets their serve.
In keeping with a focus on growth, this company continues to concentrate their sales efforts on several of the fastest growing specialty lines in the industry. Because of their reputation, manufacturers know that they will be more aggressive than some of the larger distributors in promoting their products, and therefore, have given them exclusive (or partial exclusive) territories for the distribution of niche products.
About the Business
Year Established:1948
Employees:12 full time - 3 part time
Facilities:The business operates out of a 12,000 square foot leased facility in Eastern PA.
Market Outlook and Competition:This company has remained competitive due to their acquisition of exclusive (or partial exclusive) territories for the distribution of niche products, their focus on ethnic markets, and the growth of their beauty equipment business. There are many opportunities to grow this business, including internet presence, direct mail, catalogue development, and geographical expansion.
About the Sale
Management Training and Support:The owners of this family owned business are committed to the ongoing success of the business. They will work with the new owner to ensure a smooth and successful transition.
Reason For Selling:Owners wish to retire.
Seller Financing:TBD
KEYWORDS: distribution, wholesale, beauty, nail, hair, supplies, business, niche, exclusive, products,barber, shop, salon, established, equipment, education, salon planning, furniture, reputation
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