Wholesale Distributor "Rep" Business

Not Disclosed, MN
Hennepin County

Hennepin County

Asking Price: Annual Revenue:
$795,000 $818,800

Wholesale/Distribution: Durable Goods

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RE: Wholesale Distributor "Rep" Business Broker: Bill Kraemer
Owner Financing is Available!
Owner willing to finaince a portion of sale to a qualfiied buyer.

Quick Facts

Asking Price: $795,000
Annual Revenue: $818,800
Net Profit: Not Disclosed
Cash Flow: $194,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1955
Employees: 8
BBN Listing #: 171240231
Broker Reference #: 8288 b.kj.

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Business Overview:

Identifier: Wholesale Distributor “Rep” business of Home Decor.

Description: Regional B2B Import and Wholesale Distribution type business providing products for decorative home décor, serving ten Midwestern states (over 4,000 SKUs). The company has developed and maintained an excellent reputation for sourcing other on-trend products from around the world. This established and well-run business comes complete with a seasoned management team in place. All product is “drop shipped” directly to retailers from manufacturers. An ideal buyer would be motivated, organized and has experience with imports and distribution, although no specialized training or licenses are required.

Market: Currently working with 35 Conventional and Independent retailers within a ten-state trade area.

Revenue: 2019 sales were approx. $818,800. 2018 sales were approx.$ 775,500
2020 pre-season orders are equivalent to 2019 orders.

Earnings: Seller's Discretionary Earnings in 2019 were approx. $194,000.

Founded: 1955

Reason for Sale: Other Interest.

Management: The owner is committed to an orderly transition and will help with training. All other employees are expected to stay on after closing.

Employees : Six full-time employees and 2 part-time.

Facilities: Leases 1,950 square feet office/warehouse.

Future: The company is well positioned for future growth and earnings. Company has access to products from current vendors that are not being sold to existing customers. The company has developed extremely valuable distributing relationships in China and USA. This is an excellent opportunity for new owners with business management skills, or for a related business seeking an established product line and customers.

Price/Terms: $795,000, includes all equipment and goodwill. Seller will finance a portion of this deal to a qualified buyer.

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Reason for Selling:

Other Interest.

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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