100 Year Old Plus Wholesale Dist Co. Opportunity for Fantastic Growth

Norcross, GA (Gwinnett County)

Wholesale Distribution

Asking Price:$795,000

Cash Flow:$225,000

Gross Revenue:$1,400,000





*not included in asking price.

100 Year Old Plus Wholesale Dist Co. Opportunity for Fantastic Growth

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Business Description

tlanta Based Gift Item Wholesaler specializing in Gifts and Gadgets

Exceptional opportunity to acquire a long established, profitable and very well regarded gift and gadget wholesaler. The company imports and distributes gift and gadget items for wholesale to retailers, online retailers and distributors across the US.

The industry seasoned management team are looking to retire but have built a focused, process driven work environment designed to deliver a high volume of high margin sales with a rapid rate of inventory turnover and a low fixed cost base.

The company has built a number of exceptionally well managed vendor relationships across the globe with entrepreneurs and and manufacturers who deal direct with the company. These relationships ensure that the newest products and the best margin opportunities are presented to this company first. This allows the company to offer a diverse, industry leading inventory selection of high quality, high margin products to its massive database of clients.

This track record of product quality and operational delivery has seen the company acquire a very well regarded client base and an excellent pipeline of additional opportunities. The current management team recognizes significant opportunities exist to grow sales and reduce costs through the adoption of technology and the expansion of the client base into the online space.

With an exceptional name in the industry, a presence at all the major trade shows and a powerful group of vendors and partners the company is primed to take the next step in its development. The current owners are happy to train and consult as part of the business handover and could assist in the development and implementation of an aggressive growth strategy. Tremendous opportunities exist in an industry where the US gift store industry, mail order catalogs, department stores and hospital gift shops with combined revenues in excess of $10bn.

The ideal candidate will be experienced in exceeding the expectations of a very demanding clientele, will be able to demonstrate a proven ability to drive sales revenues with both existing and new clients, to oversee operational duties as required and contribute at a strategic level to the businesses long term goals.

The current team are happy to assist as required by the new owners, the team understand that they have specialist knowledge and relationships, the transition of which is key to the future success of the company.

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Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Warehouse in dist area with nice offices. 15,000 SF
Strong Presence in the Market Place, Good Customer Base.
Growth & Expansion:
This will be very easy to grow as the owners are maintaining the business at status quo not working hard at all. Grow strategies will be discussed further.
Support & Training:
Any that is needed.
Reason for Selling:

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Gary Martin

Business Listed By:
Gary Martin

Business Brokers, Atlanta Office

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