Established Wholesaler

New York, NY (New York County) (Relocatable)

Established Wholesaler

Asking Price:$1,500,000

Cash Flow:$600,000

Gross Revenue:$2,000,000





Established Wholesaler

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Business Description

Home based wholesale business

Established home-based wholesale business. Company primarily sources computer software, accessories and hardware for other businesses (retail and wholesalers). Recently we have started to expand into other types of electronics (refurbished iPhones, iPads, etc) and have been exporting them in bulk to Europe.

Huge growth potential should the new owner wish to enter the retail channels of the business. All of the infrastructure is already setup (re seller agreements, eBay accounts, corporate registration and licensing in the UK and Germany). This will of course require the new owner to hire additional employees to manage the customer service aspect of the business. However, the return on investment is significant.

Detailed Information

Included in asking price
Home Based
Most of our competition sells to end users (retail customers) and actually buys from us at wholesale prices. Should the new owner wish to enter the retail market, they would easily be able to undercut the current competition.
Growth & Expansion:
Massive growth opportunities should the new owner pursue retail (business to consumer sales). We did a pilot run of using our own e-commence site from November 2015- February 2016. Average monthly revenue was $60,000. However, we didn't have enough employees to deal with customer service. New owner could take over our e-commence site and relaunch it after having a solid customer service team in place. eBay, Amazon and Groupon will provide a steady flow of new business.
Support & Training:
Will provide three months of consulting and assistance to the new owner. During this time international traveling will be required in order to introduce new owner to clients and suppliers. We will also assist new owner with expanding the business to the retail channels here in the USA and Europe.
Reason for Selling:
Pursing a new business venture
This business is Home-Based

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Business Listed By:
John Giannone

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