Business Overview:
Wholesale Import Distribution business with offices in Alabama and China importing container size loads of novelty items from China with over 100 items in stock at all times. New items sourced every 3-4 months. Business has a prominent presence in retail outlets that include convenience stores,truck stops, Big Box and specialty sales. Utilizing online sales through Amazon since 2015. Staff of 6 in Alabama and 3 in China are all 1099's. During COVID, their business has increased exponentially. Seller willing to stay on for a extended transition period, possible a year or more. Seller requires proof of financial capability and a work profile must accompany NDA for each candidate before proprietary information is released.
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Property Features and Assets:
Seller owns 11,000 Square Feet warehouse with an office in Mobile and rents warehouse space in China.
Market Competition and Expansion:
High margins with low rent. Owners are focusing on developing value in their business every day. Strategic planning in all aspects of the business is critical to developing value. Branding and packaging of product has played a major role in the company success.
This company is focused on novelty items. Introduce and implement a more diverse selection of products and increasing sale force are key to increased growth.
Reason for Selling:
Exit strategy for seller's retirement
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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