SOLD!
Details
Asking Price: |
$900,000 |
Annual Sales: |
$2,124,847 |
Cash Flow: |
$328,205 |
Inventory: | $185,000* |
FF&E: | $116,984* |
Real Estate: | N/A |
Employees: | 2 FT Owner 15 FT |
Location: | National |
*Included | |
**Not Included |
Business Description
This light manufacturing business develops, produces, and sells creatively-themed products for the tourism and gift industries nationwide. This established business features an exceptional client list, strong products, solid employee base, and excellent profitability. In 2015, the company sold approximately 475,000 items into over 400 accounts.
The company is on a strong growth trend with sales increasing 37% from 2014 to 2015, while business earnings (SDE) skyrocketed 151%. 2016 has started with its strongest Q1 revenue ever, and advance orders are 20% higher than at the same time last year.
An ideal buyer would bring strong classic business skills such as sales, marketing, financial management, and production, and would understand that the long-term ongoing success of the business is tied to the creative concepts, original designs, and effective distribution of its merchandise items.
The company is well positioned for 2016 and beyond, and remote buyers will additionally benefit from relocating to this compelling Colorado lifestyle city.
Represented by Don Hobbs. Tell me more about this business.