Amazing Major Perfume Distributer With Proprietary Products

NJ

Amazing Major Perfume Distributer With Proprietary Products

Asking Price:$24,950,000

Cash Flow:$4,750,000

Gross Revenue:$29,500,000

EBITDA:N/A

FF&E:$50,000

Inventory:$4,000,000*

Established:2009

*not included in asking price.

Amazing Major Perfume Distributer With Proprietary Products

Get Financing Save Print Share Valuation Report

Business Description

THE COMPANY IMPORTS IT'S PROPRIETARY PRODUCTS AND DISTRIBUTES THEM TO MAJOR NATIONAL RETAIL CHAINS.

THE PRODUCTS INCORPORATE AND INCLUDE EVERY IMPORTANT FRAGRANCE SELLING AT RETAIL IN THE CURRENT MARKETPLACE, BUT WITH THEIR OWN SPIN ON THE PRODUCTS. THESE PRODUCTS ARE SIMILAR TO MAJOR BRANDED PRODUCTS, BUT ARE NOT DIRECT KNOCKOFFS, YET THEY HAVE THE EXACT SAME APPEAL TO THE CONSUMER. THE PRICES ARE UNBEATABLE.

THE COMPANY DESIGNS ALL OF IT'S PROPRIETARY PACKAGING IN HOUSE AS WELL AS CREATES IT'S OWN VERSION OF ALL OF THE CURRENT HOT FRAGRANCES ON THE MARKET BY ANY MAJOR BRAND.

ALL OF THE PRODUCTS ARE FORMULATED ACCORDING TO THE COMPANY'S DESIGN REQUIREMENTS AND MANUFACTURED INCLUDING ALL UNIQUE BOTTLING, PACKAGING AND CATALOGS BY THE OVERSEAS SUPPLIER AND SHIPPED AS A COMPLETE PACKAGE TO THE COMPANY'S WAREHOUSE IN NEW JERSEY.

THE PRODUCTS ARE RECEIVED AT PORT ELIZABETH IN NEW JERSEY, COMPLETE AND READY TO SHIP TO CUSTOMERS. THEY ARE THEN WAREHOUSED AND RE-SHIPPED TO THE CUSTOMERS. BILLING IS DONE AT THE COMPANY HEADQUARTERS.

THE COMPANY ABIDES BY ALL COPYRIGHT AND PATENT LAWS.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease Expire: 2019-12-31 Lease Security: 10000 Monthly Rent: $ 5,200 Square Footage: 2250 Type of Location: Office Building Facilities: THE COMPANY OPERATES GENERAL OFFICES IN NEW JERSEY. THE COMPANY USES A PUBLIC WAREHOUSE TO RECEIVE, WAREHOUSE AND SHIP THE PRODUCTS TO CUSTOMERS. BILLING IS DONE NY THE MAIN COMPANY OFFICE.
Competition:
NONE AT THE PRICE-POINT AND PROFESSIONALISM
Growth & Expansion:
UNLIMITED- ADDITIONAL MAJOR RETAIL NATIONAL CHAINS ARE STANDING IN LINE DESIRING TO GET THESE PRODUCTS INTO THEIR STORES The sales are currently limited by their Small Factor's ability to service the current sales volume. A new Factor or accounts receivable financing should alleviate the situation and allow them to take another $7M in orders from major Customers just waiting for them . Since the current partners are looking to sell, it is up to the new owner to arrange a better situation.
Financing:
CASH AT CLOSING
Support & Training:
FULL TRAINING AND SUPPORT INCLUDED IN THE SALE
Reason for Selling:
RETIREMENT

Listing Statistics for Premium Members

Ad#:1200554 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

MEL LISITEN

Business Listed By:
MEL LISITEN

LISITEN ASSOCIATES

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings