Novelty Product MFG - $520K SDE

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Niche' Product Line - Repeat Customers

Business Description

This business is a wholesale manufacturer offering toys and specialty gift items for retail operations throughout North America. The Company’s primary products include toys and novelties themed in nature, such as wildlife, sea life, reptiles and amphibians, dinosaurs, and insects, such as butterflies. The Company also features a broad selection of science themed items. The Company operates from a 10,000-foot facility which it leases from a third party. The facility includes office space, a warehouse and loading dock, as well as a shipping and receiving area. Offering these products requires a facility, lift equipment and six to eight personnel in the areas of operations, administration, and shipping/receiving. The Company has a proven track record supported by 41 years of ongoing business. With its broad range of products, the Company’s marketing efforts focus on targeting specialty retail operations located in zoos, aquariums, theme parks, museums, airports and hotel gift shops across North America. Revenues have been consistent over the past four years; however, last year, the Company’s revenue increased 5.3% from 2017, to $2,878,601, with adjusted EBITDA of $416,828.

About the Business

Location:
Burlingame, California
Year Established:
1978
Number of Employees:
7
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
10,000
Rent:
$13,500.00 Per Month
Lease Expiration:
7/13/2021
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Listing Info

ID:
1643151
Ad Detail Views:
0
Asking Price:
 Not Disclosed

Gross Revenue:
$2,878,601
Cash Flow:
$520,816
EBITDA:
$416,828
Inventory:
$717,000
included in asking price

FF&E:
$32,608
included in asking price

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Business Listed by

Keith Campbell

Exodus Business Solutions

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