Children’s Swim Toy Manufacturer, Online Seller

Business Overview:

Business is running like a machine!

This company produces and sells its own unique line of swimming accessories and equipment for both children and adults. The manufacturing of the swimwear and equipment is handled by both in-house staff members and by outside contacts. The main piece of equipment is patented by the company in USA and Europe as well and stands out from competitors due to being specially engineered and designed to perform well with both quality and durability. Margins are very generous in this space.

Right now, the company works to sell to both consumers and other retailers. Retail customers can purchase their products through Amazon, Etsy, Wal-Mart and other popular online retailers. Meanwhile, the company sells wholesale to aquatic centers, water parks, and other brick-and-mortar retailers. There is also a European distributor.

As far as production is concerned, outsourcing allows for the bulk of the equipment to be made on American soil without the burden of adding a large workforce. Only one part of the equipment is manufactured in-house, the rest is simply stored there until sold. Due to outsourcing, this company retains a small but efficient staff of six, many of whom work part-time instead of full time.

This operation can be easily relocated or run remotely due to it’s primarily online nature. It has a huge customer base and sells both retail and wholesale with a plenty of orders from water parks, resorts, and toy stores. This business comes with over $500,000 of wholesale inventory and equipment.

The owner is also willing to owner finance and support a new owner while he or she learns the ropes. The owner is selling to allow him to focus on his other businesses and his other interests such as writing books.

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Property Features and Assets:

Inventory: $415,000 FF&E: 91,000 Currently, this company runs out of a leased facility in Idaho. However, the operations can be managed by the owner remotely or potentially moved due to the online nature of its clients.

Market Competition and Expansion:

This business doesn't have very many competitors, but due to its patented products, it stands out as an excellent choice for quality at a reasonable price. So far, consumers and advertising has been limited to the USA and Europe. Additional wholesale distributors could grow this even more.

Reason for Selling:

Changing Careers.

Additional Details:

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