eCommerce Gift Novelty

Los Angeles, CA (Los Angeles County)

Seller Financing Available
eCommerce  Gift Novelty
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Asking Price: Get Financing: $1,499,000

Cash Flow: $1,162,000

Gross Revenue: $5,850,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

eCommerce Gift Novelty

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Business Description

This highly successful specialty gift and novelty business has both an E-Commerce Specialty Retailer division which sells on many well known sites, and one retail store in a prime location. The Company has a significant product advantage over many online competitors because key suppliers also require a brick and mortar locations. The Company has developed and implemented systems where a new owner will have nearly a turn key operation. Adjusted Net Income has increased significantly over the past 4 years, and numbers are up again in 2018 over 2017 in the first two quarters. Business is in position to be taken to another level by well capitalized buyer.

Business has one 12,000 sq ft location with a good lease on a major well known street. Great visibility and a tremendous amount of drive by traffic.

Seller will carry-back with $750,000 down and a personal guarantee for qualified individuals.

- Inventory is not included in the asking price and necessary inventory will vary depending upon the time of year. However, seller will finance a significant amount of the inventory for a short period of time based upon the sale of the inventory.
- All buyers will be required to sign our NDA. Non VC buyers will also need to complete a buyer's profile before receiving information.

CA Broker Lic. #: 01265612

Detailed Information

Competition:
Unique product offering mix and approach to e-commerce selling
Financing:
750,000 down
Support & Training:
Seller will train new owner
Reason for Selling:
Other Business Interests
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(from currently available funds)
 
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Larry Lerner

Business Listed By:
Larry Lerner

Empire Business Solutions

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