Housewares Importer Bringing It To You

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Asking Price:
$1,950,000

Gross Revenue:
$6,900,000
Cash Flow:
$446,070
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This importer of home decor and housewares has been bringing beautiful products at great prices to your homes for over 30 years. With very strong sourcing capabilities and great factory relationships built over many years, this company is primed for continued growth. Their customers are all the major retailers throughout the United States and they also export to Mexico and other Central American countries. The company will generate $ 7,000,000 in sales in 2019. Products include housewares, kitchenware, and home decor.

There is over $1,900,000 of current inventory, at cost, which is not included in the sales price. Nine dedicated employees make the company run. Seller owns the building and will rent to the owners if they choose to stay. Owner is ready to move on TNA knows what he has built can continue to grow with the right ownership.

About the Business

Location:
Los Angeles County, California
Year Established:
1998
Number of Employees:
9
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About the Sale

Reason For Selling:
Retirement
Training/Support:
4 weeks at 30 hours/week

Listing Info

ID:
1648563
Ad Detail Views:
0

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$
months
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Business Listed by

donna alexander

LINK Business LA

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Sponsoring Broker:

LINK Business LA
LINK Business LA
License# 01294452


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