Specialty Tool Importer, Retailer & Distributor For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $2650878
Net Profit / Cash Flow $196148
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1976
Number of Employees 10 - 19
Inventory 150000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Available
Reason for Sale Retirement
Description This business has a 34 year track record of high margin, profitable operations. As an importer of exclusive brands of woodworking tools, kitchen knives, and gardening tools, the business has built a very loyal customer base of craftsmen, woodworkers, restoration professionals, cabinet makers, boat builders, professional chefs, gardeners and landscapers throughout the country. Universities, museums, and theater stage builders and designers round out its customer base.
The current owner is an extremely savvy marketer and the business is driven by its 96 page catalog which is mailed 8x per year to 20 to 40 thousand customers. The company's website brings in over 45% of total revenue and the company has embraced the latest online marketing tools including cutting-edge search engine optimization techniques, Google AdWord advertising, Facebook and Twitter initiatives to speed the growth of online sales. This is a business that has embraced and thrived in the online arena, giving it a huge, sustainable competitive advantage. ASKING: $495,000.
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