Super Fun Creative & Profitable Gift Business

King County, WA (Relocatable)

Super Fun Creative & Profitable Gift Business
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Asking Price: $99,000

Cash Flow: $50,944

Gross Revenue: $86,826

EBITDA: N/A

FF&E: $10,650

Inventory: $5,000

Established: 2006

Super Fun Creative & Profitable Gift Business

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Business Description

Price Reduced. Owner works 15 hours a week and earns $50K

Create and manufacture products made to enjoy--super fun picture magnets from recycled bottle caps. Eye-catching 6-packs sold in gift shops around the county and internationally including Art Institute of Chicago and Fireworks Gallery plus selling on Amazon and own website. Tourists love taking home these little boxes of memories. Custom orders are popular with companies. You can work part-time or grow the business. The current owner only works 8-10 hours a week. Easy process to learn. Great margins.

Detailed Information

Location:
King County, WA
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home based. Manufacturing can be run out of your garage or small room in your house. Business can be relocated. Equipment can be shipped and set up in any location. Sellers willing to train you at your site. (Home Based)
Competition:
There are many products a tourist can buy, but this one fits all their needs-it is a delightful way to hold onto and display their memories and attach them to fridge, file cabinets or whatever else to display them. Companies put in custom orders for their promotions as well.
Growth & Expansion:
There are many growth opportunities including expanding more into promotional products, branded/sports, expanding more with buttons (which all of the magnet images translate into), museum shops and tourist attractions, retail shows.
Financing:
$73k down/$26k assumable for 60 mos. @ 6.5%.
Support & Training:
Will train for 2 weeks @ $0 cost. You can work when you want part-time or full-time. Seller will train you to create magnetic expressions in recycled bottle caps. Owner developed a turntable tool that automates the manufacturing and is easy to learn, operate and maintain. One person can handle manufacturing from end-to-end or you can hire part-time employee. Comes with wide range of popular designs plus owner will continue to consult when you want to add more or will train you how to add them yourself using Photoshop.
Reason for Selling:
Owner no longer has time to devote to business.
Home-Based:
This business is Home-Based
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Contact the Seller

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Judy Elrod

Business Listed By:
Judy Elrod

Murphy Business & Financial Corporation

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