SOLD - Wholesale Import Distributor Business for Sale in Alabama - Consumer Goods and Novelty Items

United States, Alabama

Asking Price: $5,000,000

Cash Flow: $1,696,413

Gross Sales: $3,609,805

Area: National/Global

FFE: $46,195

Inventory: $0

Real Estate: $0

Established: 2001

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Roberta Caputo

Founder & Managing Director

954-596-8060

[email protected]

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Summary

SOLD - WHOLESALE IMPORTER OF CONSUMER & NOVELTY GOODS

Wholesale Import Distribution Business for Sale in Alabama, with offices in Alabama and China importing container size loads of novelty items from China with over 100 items in stock at all times. New items sourced every 3-4 months. Alabama Import Distribution Business has a prominent presence in retail outlets that include truck stops, convenience stores, Big Box and specialty sales. Utilizing online sales through Amazon since 2015. Staff of 6 in Alabama and 3 in China are all 1099's. During COVID, their business has increased exponentially. Seller willing to stay on for a extended transition period, possible a year or more. Seller requires proof of financial capability and a work profile must accompany NDA for each candidate before proprietary information is released.

Detailed Information

Sub-Category: Wholesale/Dist. Businesses

County: Mobile

Employees: 9 - Full-Time, 0 - Part-Time

Facilities: Seller owns 11,000 Sq. Ft. warehouse with office in Mobile and rents warehouse space in China

Relocatable: No

Home Based: No

Market Notes: High margins with low rent. Owners are focusing on developing value in their business every day. Strategic planning in all aspects of the business is critical to developing value. Branding and packaging of product has played a major role in the company success.

Growth Notes: This import and distribution business for sale in Alabama is focused on novelty items. Introduce and implement a more diverse selection of products and increasing sale force are key to increased growth.

Support Training: Sellers will stay on for an extended period of time to transition the business and relationships.

Financing Terms: Seller looks to cash out at closing.

Reason for Selling: Exit strategy for Seller's retirement

Inventory Included: No

Is Franchise: No

Lender Prequalified: No

Absentee Owner: No

Selling Financing: No

Is FEE Included: Yes