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Novelty Product MFG - $520K SDE

Burlingame, CA (San Mateo County) (Relocatable)

Novelty Product MFG - $520K SDE
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Asking Price: N/A

Cash Flow: $520,816

Gross Revenue: $2,878,601

EBITDA: $416,828

FF&E: $32,608

Inventory: $717,000

Rent: $13,500 /Month

Established: 1978

Novelty Product MFG - $520K SDE

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Business Description

Niche' Product Line - Repeat Customers

This business is a wholesale manufacturer offering toys and specialty gift items for retail operations throughout North America. The Company’s primary products include toys and novelties themed in nature, such as wildlife, sea life, reptiles and amphibians, dinosaurs, and insects, such as butterflies. The Company also features a broad selection of science themed items. The Company operates from a 10,000-foot facility which it leases from a third party. The facility includes office space, a warehouse and loading dock, as well as a shipping and receiving area. Offering these products requires a facility, lift equipment and six to eight personnel in the areas of operations, administration, and shipping/receiving. The Company has a proven track record supported by 41 years of ongoing business. With its broad range of products, the Company’s marketing efforts focus on targeting specialty retail operations located in zoos, aquariums, theme parks, museums, airports and hotel gift shops across North America. Revenues have been consistent over the past four years; however, last year, the Company’s revenue increased 5.3% from 2017, to $2,878,601, with adjusted EBITDA of $416,828.

Detailed Information

Location:
Burlingame, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
7/13/2021
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Keith Campbell

Business Listed By:
Keith Campbell

Exodus Business Solutions

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