Profitable Part Time Art Supply Distributor

Los Angeles County, CA (Relocatable)

Seller Financing Available
Profitable Part Time Art Supply Distributor
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Asking Price: $329,000

Cash Flow: $61,000

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: $75,000

Rent: $2,530 /Month

Established: 1989

Profitable Part Time Art Supply Distributor

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Business Description

Profitable distributor of art related supplies for 30 years in a fun creative industry. One part time owner operates this easy to run business that purchases goods from longtime suppliers and ships online orders to customers that are individuals and also institutions such as schools. All product fulfills from a secure 1900 square foot location in a central area of the San Fernando Valley near the 101 and Orange Line. The business also provides value added services connected to the products they sell, with equipment in place. These services are an easy upsell for local customers who already order products from the company.

Current owner does nearly no marketing and runs the whole operation in 15-20 hours per week to fulfill the orders that come in through the company website and from Amazon and other channels every day. There are no employees. Robust website and sales tracking tools. Easy fulfillment process is done in 3 hours per day. Lots of ways to grow the business with just a little marketing effort.

Excellent opportunity for an individual who wants to work with creative products but also wants to have a great income and lifestyle, or for a business selling similar art related products that wants to grow quickly. A large amount of salable on hand inventory and lots of shipping supplies is included.

Great landlord, low rent, good parking and skylights throughout the space. Seller is planning to retire and will train Buyer on operations and trade secrets of managing supply, order fulfillment and customer service. Business could be relocated as most customers are not geographically sensitive. There are many ways to grow this business since the Seller does nearly no advertising or promoting the business and its products.

This business is being priced and sold as a Sale of Assets in Place with limited books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Shannon Brown at shannon@mabusinessadvisors.com or call 818-497-6866 to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
11/30/2020
Employees:
1
Facilities:
Located in the central part of the SFV. Secure facility within a small shopping center.
Competition:
Little direct competition.
Growth & Expansion:
Many ways to grow this business, current owner does very little marketing.
Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Retiring
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Shannon Brown

Business Listed By:
Shannon Brown

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).


Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

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