Novelties Wholesale Company, serving Multiple States

Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,663,172

Inventory$400,000
Not included in asking price
FF&E$127,948
Included in asking price
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Novelties Wholesale Company, serving Multiple States


Asking Price$450,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,663,172

Inventory$400,000
Not included in asking price
FF&E$127,948
Included in asking price
Business Description
Established in 2001, this is a novelty wholesale company serving 4 states in the Southeast. The product lines are designed to capture the "grab and go" fashion niches in the "C" store industry. Inventory adjust with the seasons

Core Products include:
-Premium sunglasses
- Cell phone chargers & accessories
- A variety of one size fits all caps such as; Licensed local college football team caps, regular baseball style caps, Castro style caps, flat-bill caps, and much more
- Seasonal caps for both summer & winter
- Premium pocket knives in a lockable case
- Collegiate football merchandise
- State travel souvenir items

They offer much more than can be stated here. The company also provides all displays for merchandise. The customer base consist of both direct purchase and consignment programs available to best work with your needs.

This company has built a reputation of quality customer service: not only providing product, but a service as well. The customer touch visit includes product/display cleaning, credit for returned items, and the opportunity to see new inventory items. The service and quality products have paid off as this company has performed well; an average SDE of $280,077 over the last four years.
About the Business
Years in Operation
23
Employees
8 (7 Full-time, 1 Part-time)
Facilities & Assets
The distribution space stocks from its warehouse in Central Alabama. Lease distribution warehouse space with additional short term space rented as needed.
Opportunities for Growth
The growth opportunities exist where business owners want quality and service: not just price. There is also the opportunity to build your own products and vertically be your own source of distributed product.
Real Estate
Owned or Leased
Leased
Rent
$1,817.00 per month
About the Sale
Seller Motivation
No line of succession
Transition Support
Seller will negotiate a transition period
Listing Info
ID
2488009
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Business Listed by: Don Smith Sunbelt Business Brokers

Listing ID: 2488009 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.