DevardiGlass.com, well established, highly successful glass bead making and glass blowing supply company. All sales online. No phone orders. (reduces overhead) 12.1% average annual growth for the past 3 years. Huge mark up, but very competitive pricing. Lowest in the industry. Growth has been greatly suppressed by owners to avoid growing too quickly. But demand is outstanding. Growth potential huge if owners allowed it. Home based business requires 2 full-time people. First page organic presence on Google for many prime keywords: glass rods, graphite marvers, lampworking supplies (try them). Registered trade name with Amazon.
Devardi Glass Co. positive factors:
1. Proprietary products - brand name products that cannot be sold by other companies.
2. Diversified Customer Base - both nationally and internationally, consisting of many long-term, repeat consumers, but also supported by strong, steady new customer influx.
3. Very healthy market - eight years of steady growth, even during a recession, indicates considerable and steady demand.
4. Limited competition - many unique products sold at extremely competitive prices hampering competition. Few competing brands.
5. Diversified Products – Devardi Glass carries roughly 700 products, with several varieties of each product to choose from. We cover nearly all requirements of our customers.
6. Excellent Gross margin
7. Growth potential is strong – business has been suppressed because owners wished to keep business to a minimum. Even with that, growth has been steady and substantial.
8. No pending legal or government action against the company.
9. Financial ratios are above industry standards and are very consistent.
10. Company is financially sound. No outstanding debts. No need for a cash infusion. Considerable inventory on hand with no balances outstanding.
11. Well established web presence, with many keyword factors appearing on page one of Google organic listing searches, some even in first place positions. Limited or no advertising is therefore necessary. For example, try a Google search by entering: “graphite marvers”. Also try “glass rods”.
12. Very well maintained and organized sales system. Can be operated as a “home based” business. Requires only two full-time people (plus maybe some extra help during the Christmas rush).
13. Superior Feedback Ratings on eBay and Amazon. 100% positive for 12 months each site, plus website.
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Property Features and Assets:
Business is online only (no retail outlet) and must be relocated.
Market Competition and Expansion:
Business could easily double if several factors that have been purposely placed are removed. Owners did not wish to increase business more than it has been, so several restrictions had to be implemented to slow business.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.