Great Import & Wholesale Co-Recurring clients

Dallas, TX
Dallas County


Asking Price: Annual Revenue:
$1,600,000 $2,525,166

Wholesale/Distribution: Durable Goods


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RE: Great Import & Wholesale Co-Recurring clients Broker: Seller of Business

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,525,166
Net Profit: $589,684
Cash Flow: $589,684
Total Debt: Not Disclosed
FF&E: $138,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 5
BBN Listing #: 716035290
Broker Reference #: 210617

Email or Print Listing

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Business Overview:

They are an importer and wholesaler of floral products. They have a strong customer base and are well known and respected in the floral industry. During the last four years, their business has seen a308 percent increase in sales -going from $843,000 in 2019 to sales of $2,600,000 in 2022! In addition, profits have increased in four years from a loss of -$26,000 to a profit of $701,740!

How did they do it? By outsmarting their competition, better marketing strategies, and being in the right place at the right time.
When COVID started in early 2020, most of their competitors were fearful that business would decline and so they cut back on inventory. In addition, many competitors were getting their products from China and experienced supply chain problems, which exacerbated their inventory issues.

This Company on the other hand, increased their inventory, from around $255,000 in 2019 to over $400,000 today. Also, this company did not experience the same supply chain issues as their competition be9ause most of their products were coming from Mexico where they were easier to get on a more timely bas1s.

Since their international's customers are predominately grocery stores, which remained open throughout the COVID Pandemic, they experienced a strong demand for their products. Peoplecontinued going to grocery stores and began spending more money on relatively inexpensive flowers to brighten friends' and their family's lives. In this environment, Priest's market flourished and their orders increased. As a result, their market share greatly increased, as well.

Here are only a few of the items they provide:
• Glass Vases
• Ceramic Containers
• Baskets
• Ribbons
• Floral Supplies
• Silks & Dried Flowers, etc.
• Art
• Prom & Wedding Supplies
• And many more

Throughout COVID they were able to perform well and grow the business. Their focus is on service, quality and value. Because they supported their customers with full product availability, customers have rewarded them with even more orders and new business in 2021 and 2022. They have a loyal following of customers based all over Texas and the United States.Customers return for the wide range of products offered, the quality of the products, and the price points they maintain. Now their inventory has almost doubled to handle the increased demand. What a great marketing story!

Take a look at this incredible opportunity to own this very successful, growing business now!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This business has a great location. It has been in the same place for 17 years. The total space is 30,935 square feet and the current Lease expires June 2022 Total rent is $10,500 per month and they sublease 6,000 square feet of it for $2,600 per month.The Net out of pocket is $7,900 per month Plus $3,000 for tax per year and building insurance. The Office space is 2,500 square feet and is air conditioned .The warehouse has 5 dock doors, 2 with levelers. (Numbers and sizes are approximately).

Market Competition and Expansion:

Competition: Nearest Like Competition is 90 Miles Away (Not any real factor as most sales are not reliant on location.) Growth & Expansion: Unlimited

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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