Business For Sale

Wholesale of general merchandise, huge margins

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$235,000 $975,000

Wholesale/Distribution: Non-Durable Goods


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RE: Wholesale of general merchandise, huge margins Broker: Andre

Quick Facts

Asking Price: $235,000
Annual Revenue: $975,000
Net Profit: $195,000
Cash Flow: $195,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 1
BBN Listing #: 465449686
Broker Reference #: 17151

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Business Overview:

This is a proven business model of a successful wholesaler and distributor. Product line consists of variety of items that include: vitamins, novelty safes, incense, digital scales, convenience store items, grinders, pepper spray, stun guns, flask and many other items. The company has a stellar reputation with a loyal client database of 2,200+ resellers. They have demonstrated great stability over its 21 year history. Owner wants to retire; he is older and does not have the energy or ambition to continue with high volume sales. He is currently working only with his preferred product lines that provide him with higher margins and less work. He still has been downsizing for the last 5 years.
In 2008, he completely stopped carrying certain items that had produced a lot more sales in the past. At his peak, with these products, sales were over $1.8 million. This allows a great opportunity for a new buyer to implement a strategy of expanding the current product line to include these products that the owner had stopped carrying.

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Property Features and Assets:

currently working at home with a storage unit to keep inventory

Market Competition and Expansion:

The company currently does absolutely no advertising. They also have done very little to take advantage of internet possibilities. Website only accounts for less than 10% of his sales. A new owner can pursue a more aggressive marketing and online strategy that is very much needed.

Reason for Selling:

Retiring

Additional Details:

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

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