INNOVATIVE WHOLESALE MANUFACTURER, IMPORTER AND DISTRIBUTOR OF UNIQUE AND PATENTED ALL SEASON SPECIALTY PRODUCTS SELLING TO MAJOR CLIENTS
(MANUFACTURING, IMPORTING, DISTRIBUTION, CONSUMER PRODUCTS)
BERGEN COUNTY, NEW JERSEY
Listed Price: $ 22,950,000
Listing ID: XCNJ333112
Listing DetailsGross Revenue: $ 27,430,714
Cash Flow: $ 4,032,818
FFE: $ 462,000 (Included in Price)
Inventory: $ 3,871,000
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT The seller would consider either managing the business or consulting with the new owner after closing.
Training & Support:
COMPLETE TRAINING AND SUPPORT PROVIDED
Listing SummaryBusiness Description:
THIS COMPANY’S MAJOR LINE OF PRODUCTS ARE 100% NATURAL AND SOLD TO THE LARGEST BIG BOX RETAILERS IN THE COUNTRY.
An industry leader with innovative patented classic products sold year round and a seasonal division with unique and exclusive classic product offerings for every season.
Major retailers also use this vendor for specific classic holiday items to drive their holiday sales.
The company derives most of its business from exclusive patented imports and supplements those imports with exclusive Made in America items.
Distribution is done through public warehousing.
Historical Summary:
Started in 2003 this business has expanded into an important year round supplier of key products to some of the largest retailers in the country.
No retailer has been able to keep up with the demand for these products to date.
This business has increased annually by at least 30%.
With huge demand for its products continuing, growth of at least 30% annually is anticipated far into the future.
Product sourcing to accommodate this growth is readily available.
Owner Qualifications:
BUSINESS EXPERIENCE
Competition:
EXTREMELY LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: YES
Lease Security: 6125
Monthly Rent: $ 6,125
Square Footage: 3500
Type of Location: Office Building
Facilities:
MANAGEMENT OFFICES IN A COMMERCIAL BUILDING
OperationYear Established: 2003
Days & Hours of Operation: MON- FRI 9AM -5PM
Owner Hours: 35
Employees: 16
Managers: 4
Absentee Owner: No
