Seller's Contact Information
- RE: ECommerce - B2B Designer, Manufacturer & Importer
- Contact: Eric J Gall
- License #: BK3217067
Quick Facts
Asking Price: | $1,950,000 | |
Annual Revenue: | $2,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $552,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 146,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1980 | |
Employees: | 15 | |
BBN Listing #: | 718756894 | |
Broker Reference #: | 964-21012 |
Business Overview:
Multi-Generation designer, importer, manufacturer, and distributor of niche specialty products in the gift industry with sales to Brick & Mortar Gift, Paper & Museum Retail Stores, as well as other Corporations and Consumers. The present owner would like to hand over the company to an energetic, creative, and talented new owner and is available for an extended transition period. Minimal Competition. Great reputation. Contract with large international brand.
Acquisition of this business includes the following buyer’s opportunities:
Continue developing new products for wholesale and eCommerce.
Continue and expand product development for private label customers.
Increase social media marketing.
Expand offerings into foreign markets.
Increase eCommerce advertising.
Increase B2B marketing and sales channels.
The business operates out of a 4,320 SF office/warehouse space. The lease ends on December 31, 2021 allowing the buyer to negotiate an extension or new lease.
Note: Seller will consider selling only the internet portion of the business under the right conditions.
Financials shown are post-COVID projections based on 1Q2021 results. 2020 results were $2.062M revenue and $460K in Cash Flow.
Will co-broker with BBF members and IBBA CBIs. All others are referral fee only.
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Property Features and Assets:
4,320 Square Feet office and warehouse space in an industrial park. The lease ends on December 31, 2021 allowing the buyer to negotiate an extension or new lease.
Market Competition and Expansion:
Niche products. Very minimal competition. See description for growth opportunities.
Reason for Selling:
Retirement
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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