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Listing Number: 3698
Summary
Wholesale Import Distribution business with offices in Alabama and China importing container size loads of novelty items from China with over 100 items in stock at all times. New items sourced every 3-4 months. Business has a prominent presence in retail outlets that include truck stops, convenience stores, Big Box and specialty sales. Utilizing online sales through Amazon since 2015. Staff of 6 in Alabama and 3 in China are all 1099's. During COVID, their business has increased exponentially. Seller willing to stay on for a extended transition period, possible a year or more. Seller requires proof of financial capability and a work profile must accompany NDA for each candidate before proprietary information is released.
Listing Broker
Roberta Caputo
Founder & Managing Director
Phone: 954-596-8060
Email: rcaputo@capitalbbw.com
- Category: Wholesale/Dist. Businesses
- Sub-Category:
- Asking Price: $5,000,000
- Gross Sales: $3,609,805
- Cash Flow: $1,696,413
- County: Mobile
- Area: National/Global
- FFE: $46,195
- Inventory: $0
- Real Estate: $0
- Employees: 9 - Full-Time 0 - Part-Time
- Facilities: Seller owns 11,000 Sq. Ft. warehouse with office in Mobile and rents warehouse space in China
- Relocatable? No
- Home Based? No
- Market Notes: High margins with low rent. Owners are focusing on developing value in their business every day. Strategic planning in all aspects of the business is critical to developing value. Branding and packaging of product has played a major role in the company success.
- Growth Notes: This company is focused on novelty items. Introduce and implement a more diverse selection of products and increasing sale force are key to increased growth.
- Support Training: Sellers will stay on for an extended period of time to transition the business and relationships.
- Year Established: 2001
- Financing Terms: Seller looks to cash out at closing.
- Reason for Selling: Exit strategy for Seller's retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes