Distributor of Cookware Items, Major Retailer Accounts
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Background
| BizEx ID: | BizEx1375-DH |
|---|---|
| General Location: | Southern CA, CA |
| Category: |
Durable Goods eCommerce |
| Years in Business: | 16 |
| Under Present Owner: | 16 |
| Hours of Operation: | M-F 8a - 5p |
| Owner Hours: | M-F 8a - 5p |
| Training: | 6 weeks @ 40 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | Mo/Mo |
| Lease Options: | Yes |
| Building Size: | 21,000 |
| Employees: | 9 |
| Reason for Sale: | Personal |
Financials
| Asking Price: | $9,990,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $11,000,000 |
| Discretionary Cash Flow: | $2,300,000 |
| FF&E: | $57,000 |
| Inventory Included? | Yes |
| Inventory: | $1,572,300 |
| Min. Operating Capital: | TBD |
| Real Estate Available? | Yes |
| Rent: | $21,000 |
| Payroll: | $32,100 |
| Financing: | SBA |
Description
Importer and distributor of cookware, eating, drinking and cleaning products with successful 16 year history. So Cal Location.
Strong Brand and great reputation. Distributes to major retailers and sells directly on Amazon with thousands of 5 star ratings on Amazon.
Company is well run and lean. Long term, committed employees are well trained and cross trained to keep company efficient. A small, full time staff drives over $11,000,000 in revenue at strong profit margins. Well established relationships with major retailers and a long, successful history on Amazon and other web sites.
Property for sale ($4.2m) or a long-term lease can be secured by the buyer. Property is well designed for business need with ample, gated and secure parking which allows for expansion of inventory storage.
Growth opportunities for retail expansion in the US and distribution of European made products throughout Asia. Worldwide Opportunities
For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/register.
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.
