NOT DISCLOSED, Tennessee
| Asking Price |
$346,500 |
Year Established |
|
|
| Annual Revenue |
$625,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$0 |
Listing Number |
1010143 |
|
| # of Employees |
4 |
Business Category |
Retail: E-Commerce, Retail Websites |
|
Business Overview:
A holiday tradition for 50+ years. The products are sold throughout the year on their E-Commerce platform. The Peak Season is during the Thanksgiving and Christmas seasons as these good tasting foods are consumed or gifted to family, friends and business contacts.
There is similar but no direct competition for the high quality products they offer with the combinations that are presented. Many of their 10,000+ customers are consistent & repeat, year after year. The top 23 customers are consistent yearly gift givers. They represent less than 25% of yearly sales. These are frequent & repeat gift givers. SEO could grow current results from their website. Other affinity marketing methods have not been utilized and might increase the customer base.
An experienced manager, with 3 full-time & 1 part-time employee operate the business. During the 4th quarter 4 to 5 in order fulfillment are added for the season. The owner is not active in the day-to-day operations of the company. Average inventory is $135,000.
Their fulfillment center also has a retail component where the traffic is steady throughout the year.
The company could operate in any Mid-South location.
Property Features and Assets:
<p><br></p><p> </p><p>The company operates from a rented facility in high traffic area. This contains office, warehouse, shipping area plus a retail store. The FMV lease is offered on a gross lease basis. </p><p> </p><p> </p><p>The cold storage was recently expanded. The existing equipment could handle double the current business during the peak season. greatly increased business. The current volume at peak season utilizes only 50% of capacity.</p><p> </p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity