Home Goods Wholesaler

BC

Home Goods Wholesaler
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Asking Price: N/A

Cash Flow: $321,000

Gross Revenue: $3,300,000

EBITDA: $361,000

FF&E: N/A

Inventory: N/A

Established: N/A

Home Goods Wholesaler

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Business Description

The Company is a home textile wholesaler based in British Columbia. Revenue is generated from the sale of bedding, bath, kitchen, and window textile products, as well as other home décor and accessory items. The Company sells almost entirely to home goods stores in Canada (90% of revenue) and the United States (4%), but also direct to consumers (6%) from its own website. The Company has over 700 accounts and has worked with established players in the linen industry including Linens and Things, TJX, Sears, Home Outfitters, Hudson Bay Co., and Bed, Bath & Beyond. The Company has established relationships with overseas vendors to achieve the high-quality products desired by clients and delivery in a timely manner. The Company operates out of a 31,000 square-foot facility owned by the shareholders. The facility is an office/showroom/warehouse which was opened in 2015 and has room for growth.

Detailed Information

Facilities:
The Company operates out of a 31,000 square-foot facility owned by the shareholders.
Growth & Expansion:
Management sites adding complementary accessories, expanding into other markets, enhancing online sales, and increasing the sales and marketing effort as ways to grow the business.
Financing:
Terms considered
Support & Training:
Customary transition period
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(from currently available funds)
 
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Lori Galloway

Business Listed By:
Lori Galloway

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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