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Wholesale Brush Manufacturing and Distribution Company

Los Angeles County, CA

Wholesale Brush Manufacturing and Distribution Company
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Wholesale Brush Manufacturing and Distribution Company

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Business Description

A Wholesale Brush Manufacturing and Distribution company that has been in business for 35 years, and counting, providing salon-quality hair brushes, cosmetic brushes, and accessories to large retail corporations across the country. Past clients include Costco, Sally Beauty Supplies, Ross, TJ Max, Dollar Store, Family Dollar, and several others. A recent and severe accident, along with declining health, is causing the owner to retire. Prior to the accident, the company was doing $4 million+ in annual sales. The accident and current state of health of the owner are making it difficult for the owner to work as hard as he used to cause a decline in the company's revenue. A new owner with a strong manufacturing and distribution background can crank this turnkey operation back to its normal $2 - 4 million annual sales company. The owner is willing to stay on for a period of 8 weeks to assist with the transition. The owner is also willing to be available as an "As Needed" consultant after the 8 week transition period to ensure the success of the new owner. Seller allowed the sales to dwindle due to his poor health and was the only source of sales activity. This is NOT a decision based upon existing revenue for that reason. This is an asset sale with a large amount of inventory and the substantial goodwill with access to the wholesale buyer pool starting a new Buyer out with an existing reputation. Any current distributor or manufacturer in this space will know how to capitalize on this extraordinary opportunity. Don't forget at the height of sales this manufacturer was grossing $4 million with ONE salesperson. Do you have the sales skill it takes to make this lion roar again? Seller financing will be extended to qualified Buyers. The lease is 20 years old, on a month to month for years and new Buyer is free to relocate.

Detailed Information

Location:
Los Angeles County, CA
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Shawn Davis

Business Listed By:
Shawn Davis

LINK Business LA

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LINK Business LA

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