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Businesses For Sale   >>   British Columbia Businesses For Sale Categories   >>   

Leisure Products Wholesaler

Location  British Columbia,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $1600000
Net Profit / Cash Flow  $351000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  4 - 5
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  Will be provided
Reason for Sale  Retirement
Description  This is a wholesaler of inflatable leisure products to the United States, Canada and Mexico. The four main product lines are: (1) sport boats (2) beach toys (3) airbeds, and (4) swimming pools and spas. It is the exclusive sales and marketing representative in North America for one of the world's largest manufacturer of plastic products. Additional revenue is derived from providing after sales phone support directly to clients and consumers in North America. It is a Vendor of record and on the approved Vendor list for such accounts as Costco, KMart, Loblaws and London Drugs in Canada, and to Walmart Mexico. It sells directly to most accounts with 5% of sales coming through agents. The majority of business is generated by the principal. Running expenses are minimal and no inventory is required. The target customer is any and all "hard good" retailers of big, small and medium size. The products are spring and summer products.
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