Wholesale Distributor of Storage & Organizational

Las Vegas, NV
Clark County

Southwest


Asking Price: Annual Revenue:
$685,000 $2,064,857

Wholesale/Distribution: Durable Goods


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RE: Wholesale Distributor of Storage & Organizational Broker: Mike Faust
License #: BS.0065777.PC

Quick Facts

Asking Price: $685,000
Annual Revenue: $2,064,857
Net Profit: $202,394
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 2
BBN Listing #: 38635142
Broker Reference #: 101-21397

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Business Overview:

This 30-year-old wholesale distribution company has long term relationships with major retailers i.e., Walmart, Bed Bath & Beyond and other big box stores. Currently about 80% of the company's revenue is through Walmart, with two years remaining on the current contract. Per the seller, the e-commerce aspect of the business is being developed and is growing fast on Amazon, eBay, Walmart.com, The HomeDepot.com, Wayfair.com, BedBathBeyond.com and others. The business assets include eight product patents and two trademarks! 21st century marketing can take this established cash cow into a new era of growth! Contact the listing agent directly for more information! For more detailed information, please contact listing agent Mike Faust (NV RE# BS.0065777.PC, CA DRE# 00976329, Business Broker Permit# BBP.0000464). Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 2,341 square feet with a Total monthly rent of $3,489. Lease ends 12/2022. Seller is active with 2 Full Time employees. Hours of operation are 9am- 5pm, Monday to Friday. $200,000 in inventory and $125,000 in FF&E included in the asking Price. Other Assets includes 2 Trademarks and 8 patents.

Reason for Selling:

Retirement

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.

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