AMAZING MAJOR PERFUME DISTRIBUTER WITH PROPRIETARY PRODUCTS
(PERFUME, DISTRIBUTERS)
NEW JERSEY
Listed Price: $ 24,950,000
Listing ID: XCNJ111081
Listing DetailsGross Revenue: $ 29,500,000
Cash Flow: $ 4,750,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 4,000,000 (Included in Price)
Form of Ownership: LLC
Reason for Sale:
RETIREMENT
Training & Support:
FULL TRAINING AND SUPPORT INCLUDED IN THE SALE
Listing SummaryBusiness Description:
THE COMPANY IMPORTS IT'S PROPRIETARY PRODUCTS AND DISTRIBUTES THEM TO MAJOR NATIONAL RETAIL CHAINS.
THE PRODUCTS INCORPORATE AND INCLUDE EVERY IMPORTANT FRAGRANCE SELLING AT RETAIL IN THE CURRENT MARKETPLACE, BUT WITH THEIR OWN SPIN ON THE PRODUCTS. THESE PRODUCTS ARE SIMILAR TO MAJOR BRANDED PRODUCTS, BUT ARE NOT DIRECT KNOCKOFFS, YET THEY HAVE THE EXACT SAME APPEAL TO THE CONSUMER. THE PRICES ARE UNBEATABLE.
THE COMPANY DESIGNS ALL OF IT'S PROPRIETARY PACKAGING IN HOUSE AS WELL AS CREATES IT'S OWN VERSION OF ALL OF THE CURRENT HOT FRAGRANCES ON THE MARKET BY ANY MAJOR BRAND.
ALL OF THE PRODUCTS ARE FORMULATED ACCORDING TO THE COMPANY'S DESIGN REQUIREMENTS AND MANUFACTURED INCLUDING ALL UNIQUE BOTTLING, PACKAGING AND CATALOGS BY THE OVERSEAS SUPPLIER AND SHIPPED AS A COMPLETE PACKAGE TO THE COMPANY'S WAREHOUSE IN NEW JERSEY.
THE PRODUCTS ARE RECEIVED AT PORT ELIZABETH IN NEW JERSEY, COMPLETE AND READY TO SHIP TO CUSTOMERS. THEY ARE THEN WAREHOUSED AND RE-SHIPPED TO THE CUSTOMERS. BILLING IS DONE AT THE COMPANY HEADQUARTERS.
THE COMPANY ABIDES BY ALL COPYWRITE AND PATENT LAWS.
Historical Summary:
IN BUSINESS SINCE 2009 , THIS AMAZING COMPANY HAS GROWN FROM SCRATCH TO THE PRESENT SALES VOLUME IN JUST 5 YEARS. IT IS THE UNDISPUTED LEADER IN IT'S FIELD.
Owner Qualifications:
BUSINESS EXPERIENCE. INDUSTRY EXPERIENCE HELPFUL BUT NOT NECCESSARY.
Competition:
NONE AT THE PRICE-POINT AND PROFESSIONALISM
Potential Growth:
UNLIMITED- ADDITIONAL MAJOR RETAIL NATIONAL CHAINS ARE STANDING IN LINE DESIRING TO GET THESE PRODUCTS INTO THEIR STORES
The sales are currently limited by their Small Factor's ability to service the current sales volume.
A new Factor or accounts receivable financing should alleviate the situation and allow them to take another $7M in orders from major Customers just waiting for them .
Since the current partners are looking to sell, it is up to the new owner to arrange a better situation.
Financing/Terms:
CASH AT CLOSING
LocationLease Expire: 2019-12-31
Lease Security: 10000
Monthly Rent: $ 5,200
Square Footage: 2250
Type of Location: Office Building
Facilities:
THE COMPANY OPERATES GENERAL OFFICES IN NEW JERSEY.
THE COMPANY USES A PUBLIC WAREHOUSE TO RECEIVE, WAREHOUSE AND SHIP THE PRODUCTS TO CUSTOMERS.
BILLING IS DONE NY THE MAIN COMPANY OFFICE.
OperationYear Established: 2009
Days & Hours of Operation: 9-5 M-F
Owner Hours: 35
Employees: 9
Managers: 1
Absentee Owner: No