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Illinois Business For Sale |
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| PARTNERS WANTED, 10 YR OLD CO., 250K MIN/MAX 1.5M. |
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| Attn: Dennis |
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| Chicago, IL, USA |
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| Asking Price: |
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$250,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Clothing & Accessories |
| Reason for Selling: |
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Looking for partners |
| Year Established: |
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1996 |
| Yearly Cash Flow: |
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$2,500,000 |
| Yearly Gross Income: |
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$5,575,000 |
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Business for Sale Overview:
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This Chicago company was founded in mid/late 1990’s by the current
and primary owner. He is seeking some new "key" relationships with
investing partners who want to get a great return on their money &
also an active role in company operations if they want it. This owner
discovered an opportunity over 10 years ago to supply customers with
high-quality products related to...Two specific criteria. Prior to starting
the business, the owner investigated the opportunity and confirmed
that this market was not being served efficiently as consumers had lost
faith in the products that were available at that time. American
consumers purchase 11.2 million of these products every year. The
Size of the US domestic market for this product is estimated at $322
million annually. The domestic market has been growing at about 30%
per year and we project growth in market share of about 1-5% a year.
Our research indicates that there is a specific target market for this
product and we know who that audience is as well as what they want.
This company has currently launched several product lines in the
market place. The product has three patents and two registered
trademarks.
This company is seeking partners with capital in the amount of
$250,000.00 - $1,500,000.00. This capital investment will allow the
company to implement its growth plan. The company will diversify our
product line by launching a new product, launch a national DRTV test
campaign, increase current inventory, secure a well known endorser
and launch a PR campaign to secure media exposure in a variety of
areas including talk shows and news related programming such as,
Oprah, GMA, NBC Today’s Show, CBS Early Show and others.
This will generate over 5.5 million in gross revenues. The company’s
long term sales objective is to reach $ 22.1 million in sales by 2009.
Management plans to achieve a net profit margin of 47.1% and a
market share of 3% by 2009.
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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To contact the seller of this
specific business for sale please complete and submit the following
form.
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