Established E-Commerce Consumer Products Company

Bronx County, NY

Established E-Commerce Consumer Products Company

Asking Price:$300,000

Cash Flow:$502,943

Gross Revenue:$1,636,650

EBITDA:N/A

FF&E:$10,000

Inventory:$100,000

Established:2008

Established E-Commerce Consumer Products Company

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Business Description

This firm sells OEM products. It has two USPTO registered trademarks, one for consumer products i.e. KITMASTER and one for Dental/Medical Instruments i.e. TBS INOX. The firm also has a Patent Pending for a new revolutionary dental forceps. It is now positioned to enter the world market (foremost the US market). The future outlook is to continue inventing or creating demand for new consumer products and expand the product lines to include home and garden decor, pet supplies, kitchen supplies, automotive and beauty products, to mention a few. The company will sell through Amazon.com and QVC. For its dental products, distributorships will be formed. This firm is currently in the process of acquiring exclusive rights to distribute certain innovative products manufactured in China and South Korea. The objectives of this firm are: 1. To enter the retail market through Amazon for its electronic products 2. To develop a distribution network for dental products 3, To finalize exclusive an distributorship for new products developed in China and South Korea 4. To expand the retail market through QVC 5. Raise working capital of $300,000 to accomplish the above objectives The best profile of a strategic partner/investor would be an individual or group already in the wholesale or retail trade business. If qualified, the investor may be considered for an active management position. The $300,000 sale price is for a 30% equity share. A savvy investor will understand this firm’s strong foundation and his or her ability to complement the owner’s’ vision for expansion. Sunbelt has been engaged by the seller to be the exclusive broker to facilitate a sale of the company as discussed in this Profile. The information and financial data in this Profile was provided by the seller and from other sources believed to be reliable and no representation or warranty is made by Sunbelt as to the completeness or accuracy of such information. A buyer should do such due diligence as they deem necessary to verify the accuracy of all information relied upon by buyer to buy the business. Any opinions expressed in this Profile are subject to change without notice.

Detailed Information

Inventory:
Included in asking price
Employees:
1 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Expansion by Introduction of Additional Products

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Jack Armstrong

Business Listed By:
Jack Armstrong

Sunbelt Business Brokers of NJ

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