37588-Native American Arts & Crafts Whsl-Rtl

AZ

Seller Financing Available
37588-Native American Arts & Crafts Whsl-Rtl
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Asking Price: $2,300,000

Cash Flow: $333,000

Gross Revenue: $1,043,000

EBITDA: N/A

FF&E: $110,000

Inventory: $120,000

Established: 2000

37588-Native American Arts & Crafts Whsl-Rtl

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Business Description

The company is a retail, wholesale and distribution operation specializing in the sale of Native American Arts and Crafts. Located in North-central Arizona, the leased 5,500-square foot facility includes a storefront, showroom, a warehouse and office spaces. The primary products include handmade Native American artifacts (34%), Hopi and Navajo Kachina dolls (22%), baskets and horsehair pottery (8%), jewelry (8%), Zuni fetishes and Mata Ortiz pottery. Offering these products and services requires a Transaction Privilege Tax License. The company has a proven track record supported by 15 years of ongoing business. With its broad range of products, the local and nationwide marketing efforts focus on website as well as brick and mortar buyers, wholesale accounts (trade shows), individual collectors and dropship e-commerce resellers worldwide. Revenues have been increasing annually over the past five years due to strategic planning by management and an increase in consumer discretionary spending. In 2018 total revenue was approximately $1,043,000, with Seller’s Discretionary Earnings of $333,000 rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining and growing the core wholesale customers. The company is known for unique top of the line products and premier customer service and that is how it attracts and retains customers.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to 2 years.
Reason for Selling:
Other interest
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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