Business Overview:
Newly listed, this wholesale-manufacturer of made-to-order porcelain and metal gifts and souvenirs sold primarily to the tourism industry. Also sold through 3 million printed catalogs distributed for fund raising. Currently represented by 80 representative groups in the US and Canada, with over 1,400 accounts. This company designs, develops and produces charms, necklaces, bracelets, and other gift items, many of porcelain, to the tourism/gift industry (theme parks, cruise ships and retail outlets). Repurchased by the original owner in 2007, it is poised to reach the $3M gross sales mark in 2010 with a projected cash flow of $700,000 to $800,000. Includes huge (well-known) client base, manufacturing process (kiln firing of appliques on porcelain), inventory of nearly $2M and the potential to double or triple the existing business in little time. A complete turnkey wholesale/manufacturing business with huge upside potential. Seller is ready to retire, but will stay on for a limited time to make sure the buyer is highly successful.
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.
Property Features and Assets:
12,000 square feet, newly constructed (1 year old) manufacturing facility, 3,000 square feet storage, situated on 2.5 acres. Located in a commercial neighborhood. Building is perfectly set up for the manufacturing, packaging and shipping that is done there, as it was built specifically for this business, by the seller. Plenty of parking. Rent and lease terms, should the buyer not wish to purchase the facility, is negotiable.
Market Competition and Expansion:
Competition: Very little direct competition. Sells mostly quality, Made in the USA goods.
Growth and Expansion: Huge potential for growth, as they have just been accepted as vendors by Disney, with others to follow. Huge!
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.