Established 9+ Years Absentee Business Growing at 60% YOY Relocatable

Hack, NJ (Bergen County) (Relocatable)

Established 9+ Years Absentee Business Growing at 60% YOY Relocatable
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Asking Price: $3,200,000

Cash Flow: $825,000

Gross Revenue: $2,650,000

EBITDA: $825,000

FF&E: $140,000

Inventory: $50,000*

Established: 2009

*not included in asking price.

Established 9+ Years Absentee Business Growing at 60% YOY Relocatable

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Business Description

ASKING PRICE: $3,200,000
Annual Revenue 2018 - $2,658,099
NET PROFIT 2018 - $825,000

Revenue
2016 - 1.1mm
2017 - 2mm
2018 - 2.65mm

The listing is for a e-commerce site selling personalized party products. It's been established since 2009 and the sales have been growing between 40-60%.

Owner has management team in place and only spends 10-15 hours per week on the business.

Business has a 2,700 sqft warehouse where production/shipping takes place and it can be relocated if needed.

Notable clients include the Dallas Mavericks, New York Knicks, Rock Nation, Rihanna, & Miley Cyrus.

Detailed Information

Inventory:
Not included in asking price
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Operations and product are managed in a 2400 sqft facility. Can be relocated anywhere.
Financing:
Only putting in 10-15 hours a week managing.
Support & Training:
30 days + available by phone if needed
Reason for Selling:
new ventures
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(from currently available funds)
 
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Rony Daniel

Business Listed By:
Rony Daniel

Rony Daniel

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