Import / Wholesale / Merchandising Souvenirs
Location South Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1275000
Net Profit / Cash Flow $115000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1988
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training 2 months.
Reason for Sale Other business interest.
Description Import and Merchandising businesses. One entity sources souvenirs and coastal giftware, second company merchandises product to major retailer accounts. Limited competition as this company has become a key vendor to one major retailer. Has just received approval from a second major retailer. 15% annual growth rate with expected future growth of 10% annually. Potential to double the size of the company within the next 3-5 years. Customers are from Delaware to Florida, east of I 95. Potnetial for higher sales growth with import company with the addition of a sales staff to cover territory. Most of the product line is proprietary designs. Company can be relocated to another location on the east coast. Premises are leased with an option to buy. Inventory to be sold at cost. Contact for more information on this Import / Wholesale / Merchandising Souvenirs business for sale.
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