MergerPlace

Wholesale/Distribution/Importer

Georgia (DeKalb)


  • Asking Price: $875,000
  • Gross Income: $984,411
  • Cash Flow: $285,945
  • Real Estate: Not Disclosed
  • Inventory: $500,000
  • FF&E: $43,335
  • Listing ID: #203974
  • Established: 1984
  • Employees: 5 FT/3 PT

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.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Georgia
County: DeKalb

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/3 PT

Financial Information

Asking Price: $875,000
Gross Revenue: $984,411
Cash Flow: $285,945
FF&E: $43,335
Inventory: $500,000
Seller Financing Available: No

Property Information

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.

Growth & expansion opportunities:

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.

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.

Reason for selling:

The current owner and president has been operating the company for more than 34 years. She wishes to reduce her daily workload of operating the business. Additionally, she wishes to devote more time and energy to her grandchildren. The Seller acknowledges that the business is currently at a stage that requires a level of focus that she is not committed to provide at this stage of her life.

Support & Training:

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.

Contact Business Seller

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Business Listed By:

Art Lennig

Murphy Business Brokers