Branded Drinking Products. Worldwide Distribution. High Profits

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Under Contract

Background

BizEx ID:BizEx1274-EM
General Location:Orange, CA
Category: Retail
Wholesale/Distribution
Years in Business:31
Under Present Owner:31
Hours of Operation:7:00 am - 4:00 pm
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:Buyer to sign a new Lease
Building Size:5,200
Employees:5
Reason for Sale:Other Opportunities

Financials

Asking Price:$1,175,000
Down Payment:Negotiable
Gross Sales:$1,200,000
Discretionary Cash Flow:$400,000
FF&E:$110,000
Inventory Included?Yes
Inventory:$100,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$5,200
Payroll:$9,900
Financing:Call

Pictures

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Description

Manufacturer and Distributor of Branded, Fun Novelty Party + Drinking Products

Since 1992, this Orange County, CA based company has dominated this niche area of Party and Entertainment Products. No other company has come close to their large, worldwide distribution network of 1,000s of retailers and distributors - including Australia, So. America, Canada and Europe, On-line presence includes Amazon.

Their recession proof products have been featured on numerous TV shows and movies and are very affordable - ranging from $4.99 to $79.99. Made in the USA - about 95% of their products are manufactured in the US.

This is a fun and relatively simple business to own and operate. Only 4 low-skilled, full-time employees are needed to handle the $1,500,000+ in annual sales. The company could also be relocated since the easily assembled products do not require high skilled labor or heavy machinery.

Growth Opportunities: the company has done little marketing or advertising for years. There is an excellent opportunity to increase revenue by creating a marketing plan and also by adding products - the owners have many great ideas they can share with a buyer.

This is a highly profitable and fun business to own and operate. It could be run as a Absentee or a Semi-absentee Owner.
The seller is open to stay on a negotiated role post-close.

For more information; please register and complete the Buyer Registration, including a Non-Disclosure Agreement at https://www.bizex.net/buy-business/register.

Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations