Business For Sale

Business Overview:

Relocatable, this is a Good add-on for a business selling another product or for a buyer who wants to work at home and rent 1,000 Square Feet warehouse. Re-locatable. Seller financing for qualified buyer. Established niche toy, gift and novelty distributor has a unique Spinner Toy, assembled in-house that provides 20% to 25% of sales. This is the only company in the world that manufactures and sells this Toy. (Patent has expired). Company provides a variety of imported toys, gifts and novelties to retailers all over the USA and Canada. Gift line is Jewelry for kids. They have a great 26 year reputation, strong customer base, a current website and a new website ready to go, a new 2010 catalog ready to print with a limited quantity already printed. Long standing business relationships. All marketing and sales are done by manufacturer’s representatives who sell all over the US, Canada and at Trade Shows. Strong distribution channels throughout the US and Canada. Ten rep groups sell with approximately 150 reps. Regular customers, some house accounts. All products meet consumer product safety regulations. Expansion opportunities. Have sent new catalogs to Canada which is a huge market to expand into. Lucrative on-line sales opportunity available. Currently no online sales. Potential to sell case lots on website. Owner says new website ready to go. Could focus on US made toys or include more US made products. Target market: Museum gift stores, Theme Parks, Hospital gift stores, Military Base gift stores like Camp Pendleton, Mom & Pops, Arcades in Las Vegas, plus catalog companies. Active Customers number a couple of hundred. List of 5,000 plus customers that were sold to in the past. Right Price Point. Affordable range. Most are $1 to $5 items and most expensive are train sets for $22.50. Limited Competition according to owner. Niche market. They buy cases of 48 and will break it up and sell to smaller companies. Why You Should Consider this Opportunity: Steady cash flows and regular customers. One employee necessary to operate. Owner said only 1,000 Square Feet is needed. Buyer could run from their home and rent a warehouse. Business operates Monday through Friday, but it could be Monday–Thursday. Employee assembles Proprietary Toy and does shipping. Assembly could potentially be outsourced to disabled centers. Buy from US vendors who source from China and bring in product to their showrooms. Most inventory is delivered just-in-time Product available next day from Los Angeles. The Furniture Fixtures and Equipment estimated at $78,500. In addition, is the asset of thousands of vintage comic book collection potentially valued at over $100,000 that could be sold or donated as a tax deductible charitable donation. Good books and records. Seller financing considered for qualified buyer.

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:

2,200 square feet - rent - $2,254. lease expires 2010 - option not disclosed.

Market Competition and Expansion:

Current owners purchased in April 2009, , chose new products that comply with current product safety regulations, and designed a new website and catalog, but family obligations require them to sell. Sales revenues 2005 to 2008 at the $600,000 level with seller’s discretionary earnings from $76,000 to $111,000, as reported by prior owners. Company was relocated from San Diego, 2 warehouse size reduced, and inventory changed to just-in-time delivery. Volume dropped. Have lost volume, but not customers. Industry was cleaning itself up for lead content and consumer safety. No catalog for 2009. Interim catalog at end of 2009. Sixty percent of 2008 catalog discontinued. Added new ones without any lead content. New catalog ready to go.

Reason for Selling:

family obligations.

Additional Details: