Wholesale Distribution of Novelty Merchandise - Business Booming!

Los Angeles County, CA (Relocatable)

Wholesale Distribution of Novelty Merchandise - Business Booming!

Asking Price:$300,000

Cash Flow:$129,300

Gross Revenue:$804,601

EBITDA:N/A

FF&E:N/A

Inventory:$130,000*

Established:1996

*not included in asking price.

Wholesale Distribution of Novelty Merchandise - Business Booming!

Get Financing Save Print Share Valuation Report

Business Description

A wholesale distributor of variety and novelty type merchandise to other distributors, cigarette and tobacco stores, as well as gift and convenience stores, small markets and “quick-stop” type locations (including service stations). They also operate a website for retail customers.
Their product line includes a very large and diversified selection of items including: jewelry, nutritional and performance supplements, incense and candles, flasks, key chains, fragrance oils, scales, drug test kits, safe containers, personal protection products, drinking apparatus, etc.
Operates 2 websites – one for wholesale, the other for retail customers.
Virtually limitless potential in selection of products and customers.

2016 revenue up 26% through June vs. 2015. 2015 revenue was up 53% vs. 2014!

Very complete financial and customer records

Detailed Information

Inventory:
Not included in asking price
Employees:
1
Facilities:
Operates from about 1,850 sf of office/industrial space. Currently paying $950 on a month-to-month basis. Longer term available. No walk-in customers, so could be relocated.
Growth & Expansion:
Per the owner – very significant growth opportunities by expansion of the product line with both new and existing customers.
Support & Training:
Seller will provide transitional training, as well as monger term consulting.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1266174 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

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

Richard Schammel

Business Listed By:
Richard Schammel

Venture Investors Business Group

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings