Business Overview:
Reoccurring revenue business model! In 2016 this husband-and-wife ownership team were able to foresee a growing trend in the E-Commerce marketplace and created a business model designed to meet the needs of that industry. Two of the company’s largest customers have been with them since inception, showing both the high level of customer retention as well as scalability of the model. Ownership has been able to repeatedly turn down potential customers and cherry pick only those with whom they wish to build a long-term relationship with at the best terms. Clientele are located both domestically and international. 2023 revenue anticipated to grow 15%+. This company can be relocated anywhere in the United States and successfully operated.
The business employs a total of eleven people excluding the husband-and-wife ownership team. Staff roles include four individuals in assembly line production, an assembly line lead, two in the pick, pack and ship department, a customer service coordinator, a shipping and receiving point person, a forklift operator and a part time ‘floater’ who works on special projects as needed. Many staff members have been cross trained to allow for consistent production in the event of employee sickness and vacation.
The ownership team are absentee and sit ‘above the business’ doing the occasional business development and administrative payroll functions. Facilities consist of a 20,000 square foot warehouse from which all employees are based. This site is owned by the Sellers and leased to the company at a rate of $12,500 per month. Depending on the needs of a Buyer, Sellers are open to a sale of the building. The company recently took on an additional 7,000 square feet of space at a three-year lease of $7,000 per month to service the growth of its client base. This company is at the right inflection point for a new owner to scale by continuing to do business development while at the same time increasing the real estate footprint to support growth.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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