Successful and Growing Wholesale Company

12 Apr Successful and Growing Wholesale Company

Posted at 18:55h in by Michael Greene

Price: $395,000

Location: Santa Fe & North Central Region, New Mexico

Industry: Wholesale

This is an exceptional opportunity to build on the success of this thriving wholesale business. Over the last couple of years, the three owners have identified and introduced new products with very attractive profit margins such as totes, greeting cards, stickers, and journals. Some of these products are sourced from overseas. These new products add breadth to the tried-and-true originals upon which the company was created.

The company sells its products through a couple of rep groups. They are also a part of FAIRE, an online wholesale platform (www.faire.com).

Listing Details

Revenue: $598,582

Cash Flow: $113,322

FFE: $6,335 (Included in Price)

Inventory: $125,000 (Included in Price)

Real Estate: (Not Included in Price)

Reason For Sale:

The owners are moving on to other non-competing activities.

Training & Support:

Up to one month of training and transition at no charge to the buyer. Thereafter, they are available to consult at a fee to be negotiated.

Operation

Year Established: 2017

Employees: 2 FT, 1 PT

Location

Monthly Rent: 2064

Square Footage: 2000

Relocatable?: Yes

Facilities Information:

The occupies a single level with a loft of 2000 square feet with easy access and plenty of parking space. The company is relocatable and can operate in any suitable location within the United States

Summary

Competition:

Some wholesalers have cross-over products, but the company is unique in the array of products that it offers.

Potential Growth:

New Products: Adding new products offers almost infinite growth opportunities. The company has identified India and China as two countries that provide unique products at very competitive costs with margin expansion potential. Bringing back older products with a new look is another opportunity area.
Advertising and Marketing: The company prints and sends out catalog cards, as well as e-blasts. It has just begun advertising through FAIRE which is expected to bring good returns. The company is also part of a permanent showroom in Las Vegas.