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Business For Sale

LONG ESTABLISHED TRADING COMPANY

Attn: Jim Lopez
Vernon, CA, USA
Listing Number: "1088"
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Asking Price: $250,000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Durable Goods  
Reason for Selling: Retirement
Year Established: 1958
Yearly Revenues: $316,709
Yearly Cash Flow: $86,473
 

Business for Sale Overview:

This is a business that imports merchandise from China, Vietnam and Thailand, most of their items go to 99cents stores and other wholesale and retail stores. A new buyer will need to spend time in Asia (4 to 5 trips a year, each lasting about 2 weeks) for sourcing, inspecting and making sure containers of goods are shipped on time. These goods are garden tools, laundry baskets, doggie toys, Christmas wraps, etc., all varying in size from 6 items per container to a max of 18. Owner is willing to spend up to 2 years teaching all there is to know as well as traveling with the buyer. He is also a distributor for a New York DVD company and has 40 large display racks in grocery and dollar stores all over Southern California with great potential to grow to as many as 400 if the new owner hires some help, the movies range from Spanish cartoons to English romance, limiting stores to 480 sales every 2 weeks. Owner is burnt out and wants to retire. A cash and carry operation will grow business to higher profits.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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