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





*not included in asking price.

Wholesale Distribution of Novelty Merchandise - Business Booming!

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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

Not included in asking price
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:

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Richard Schammel

Business Listed By:
Richard Schammel

Venture Investors Business Group

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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.

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