Seller's Contact Information
- RE: Midwest DTC Gifting Distribution Co.
- Contact: Steven Eschbach
Quick Facts
Asking Price: | $1,100,000 | |
Annual Revenue: | $3,114,200 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $377,500 | |
Total Debt: | Not Disclosed | |
FF&E: | 165,304 | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 68 | |
BBN Listing #: | 579352743 | |
Broker Reference #: | 3233-588655 |
Business Overview:
Well-known, very well-established, multi-location Chicagoland gifting distributor with a strong foundation for new owners to continue to prosper. Business has been operating for 30 years. Second-generation owner that has changed the business model for continued growth over next ten years. The established business model allows for future growth by adding new products.
The owners have designed a turnkey operation that includes manufacturing and distribution of attractive gift baskets for all to enjoy. Food gift items include baked goods and fruit. Fruit contributes to over 50% of revenue stream. In 2022 flowers were added both in store and for delivery. Gifting items can be purchased at any of its four Chicagoland stores or via same day local delivery.
The gifting business model has been set up with call center or lead generation through multiple web sites and DTC delivery services with an expandable business customer base and geographic reach. DTC distribution and back-office fulfillment are key to this food and gift processing model. Seamless process in place with call center that integrates impeccable delivery service to 6 county delivery area.
Product line expansion has broadened customer base and increased repeat business opportunities. Company has generated $3.1 million in revenue on average over three years. Strong name recognition and strategic alliances with well-known online and 1-800 call center provider continues to support strong operational efficiency and customer loyalty.
Business has been operating for nearly 5 decades. Second-generation owner that has changed the business model for continued growth over next ten years.
The gifting business model has been setup with call center or lead generation through multiple web sites. DTC distribution and back office fulfillment are key to this food and gift processing model.
This business model has been established for a number of years. Adding new products will be key to growth down the distribution model. An easy, turnkey process moving forward.
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Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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