International Wholesale Distribution of high-end name brand products

Provo, UT (Utah County) (Relocatable)

Seller Financing Available
International Wholesale Distribution of high-end name brand products
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Asking Price: Get Financing: $3,100,000

Cash Flow: $973,000

Gross Revenue: $15,000,000

EBITDA: $873,000

FF&E: $20,000

Inventory: $250,000

Lease Rate: N/A /SF

Established: 2003

International Wholesale Distribution of high-end name brand products

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Business Description

Wholesale distribution company with $2M in presold goods

The Company was established in 2003, and has 2 locations in the Intermountain West. They sell high-end, name brand products both internationally and domestically. The retail store sells and showcases products, an online store sells mostly on Amazon, and Distribution channels are used to sell to Japan, South Korea, Asia, and the United States through 3 subsidiaries.

HAVE A 95% CUSTOMER RETENTION RATE AND OVER $2.5 MILLION OF PRE-SOLD ORDERS THAT ARE INCLUDED IN THE SALE.

They sell Outdoor, Home, Kitchen, Beauty, Skincare, Luggage, Golf, Activewear, Watches, Footwear, Small Leather Goods and Accessories to distributors who resell the products to consumers. Average order size is $25,000 and minimum order size is $10,000. Customer concentration is low and the top 3 customers comprise 39% of the Sales. They have 46 active customer accounts.

There are 2 owners, one of which works full time and the other owner provides strategic oversight, working only a few hours a week. One owner could easily replace both owners

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 facilities: one retail space and one warehouse and office space.
Competition:
This business is the number one business of its kind in the country. They have competition, but it doesn't compare.
Growth & Expansion:
With additional capital, an owner could buy more bulk products taking advantage of quantity discounts. Additional expansion globally is ready to go.
Financing:
Seller will finance 20%
Support & Training:
As much as is necessary for a smooth transition.
Reason for Selling:
Built it so far and want to go build another business.
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Heather Richmond Krebs 801-201-6866

Business Listed By:
Heather Krebs

Business Sales Group

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