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Business For Sale

Successful Import Export Distributor

Confidential, NJ

Wholesale/Distribution: Durable Goods

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$300,000
$1,003,000
Not Disclosed
$132,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
4
18061366

Business Overview:

For the last 15 years the company has successfully built up a stable roster of clients, including Fortune 500 associated companies, with whom it maintains deep relationships. It has also created a strong supplier base with factories across South Asia, garnering best-in-class rates on all products. The company offers a range of bags, from backpacks tom leather formals to totes. All products are highly customizable, suitable to any client need and made in a variety of fabrics, including leather, canvas, organic and recycled materials. The company’s mission is to offer a top quality and diverse product line, execute each order to the customer’s expectations and ensure a timely delivery. They will continue to stay on top of trends in the market, adding products to the line that align with the customer’s vision and are of excellent quality. They will continue to partner with manufacturing facilities that meet strict standards. One of the keys to success is the company’s deep relationships with sizeable companies and solid brands. For potential buyers, the large upside with existing clients is of great value. Currently: 12,000 clients in customer database, 35% of top 50 clients have worked with the company two out of last three years, the average number of orders per client is six. The company manufacturing facilities are located in China, Pakistan, Bangladesh and India. They have worked with these suppliers for over ten years which helps to ensure timely delivery and excellent quality. The current owner is willing to work with the new owner to ensure a smooth transition. The owner will make in person introductions to key clients and suppliers.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: