Details - Information last confirmed on December 1, 2020
Multi-Generation designer, importer, manufacturer, and distributor of niche specialty products in the gift industry with sales to Brick & Mortar Gift, Paper & Museum Retail Stores, as well as other Corporations and Consumers. The present owner would like to hand over the company to an energetic, creative, and talented new owner and is available for an extended transition period. Minimal Competition. Great reputation. Contract with large international brand.
SBA lender pre-approved at 20% down.
Acquisition of this business includes the following buyer’s opportunities:
Continue developing new products for wholesale and eCommerce.
Continue and expand product development for private label customers.
Increase social media marketing.
Expand offerings into foreign markets.
Increase eCommerce advertising.
Increase B2B marketing and sales channels.
The business operates out of a 4,320 SF office/warehouse space. The lease ends on December 31, 2021 allowing the buyer to negotiate an extension or new lease.
Financials shown are post-COVID projections based on 1Q2021 results. 2020 results were $2.062M revenue and $460K in Cash Flow.
Note: Seller will consider selling only the internet portion of the business under the right conditions.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.