Wholesale/Distribution/Importer

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Established and Profitable for over 30 Years!
Asking Price:
$875,000

Gross Revenue:
$984,411
Cash Flow:
$285,945
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500,000
included in asking price

FF&E:
$43,335
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This business is a great opportunity for someone to come in and take the business to the next level. This business has been in operation and profitable for thirty plus years. It presents a great opportunity for someone to take over and grow the business to the next level and beyond. This is a wholesale/distribution/import business. The market is the gift industry, the convenience store market, liquor store market and many other industries. They do business on line with Amazon, direct to the consumer on line and to dealers and retailers.

Products carried and distributed are: Stylish Sunglasses, Stylish Reading Glasses, Logo Sunglasses, Eye wear cords, displays, cleaning cloths and eye wear cases.

The Company purchases the majority of its products from manufacturing plants in Taiwan and China. The owners visit and reviews products from approximately five manufacturing facilities. The owners have the factories send by email pictures and then decides which samples to be brought in for review. The company has an agent in Taiwan that assists with the manufacturing tours when overseas.

About the Business

Year Established:
1984
Number of Employees:
5 FT/3 PT
Relocatable:
Yes
Facilities:
The business is currently located in the same building as the spouses business. The business can easily be relocated anywhere. A new location will need to be somewhere between 5000 and 10,000 square feet.
Market Outlook/
Competition:
Competition is there and is of all varieties. Good and not so good. Product, price and service is a great differentiator. This business has been around for 30 plus years and has great products and has given great service over the years. All at a price making very good margins.
Growth & Expansion:
This business is well known, has many customers in the market place which puts it in a great position to grow. New blood and excitement should grow the business. Also bringing in new and different products can help take this business to the next level.
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About the Sale

Reason For Selling:
Wishes to reduce her daily workload of operating the business.
Training/Support:
Will train for 4 weeks @ no cost.
The business currently imports consumer products that are sold through boutiques, gift stores and convenience stores. The market can be expanded into other retail locations and also to other wholesalers/dealers. Also adding more products to the product mix can add additional revenue.
Seller Financing:
Seller Financing is negotiable.

Listing Info

ID:
1453576
Ad Detail Views:
1418

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Business Listed by

Art Lennig, CBI, BCI, CMAI

Murphy Business & Financial -GA
License# GA #227679

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