Details - Information last confirmed on October 7, 2020
Manufacturer and Distributor of Branded, Fun Novelty Party + Drinking Products
Since 1992, this Orange County, CA-based company has dominated this niche area of Party and Entertainment Products. No other company has come close to their large, worldwide distribution network of 1,000s of retailers and distributors - including Australia, So. America, Canada, and Europe, Online presence includes Amazon and Walmart, and high repeat customers.
2019 - $377,000 Net Income from $1,000,000+ in Annual Revenue
2020 - Seller's Note: "Business is better than ever. Our Amazon orders are up 300% from the prior year. COVID did not affect Sales, actually a sales increase.
2021 - on pace for annual sales of $1,100,000
Their recession-proof products have been featured on numerous TV shows and movies and are very affordable - ranging from $4.99 to $59.99. Made in the USA - about 95% of their products are manufactured in the US.
This is a fun and relatively simple business to own and operate. Only 3 low-skilled, full-time employees are needed to handle the $1,000,000 in annual sales. The company could also be relocated since the easily assembled products do not require highly skilled labor or heavy machinery.
Growth Opportunities: the company has done little marketing or advertising for years. There is an excellent opportunity to increase revenue by creating a marketing plan and also by adding products - the owners have many great ideas they can share with a buyer.
This is a highly profitable and fun business to own and operate. It could be run as an Absentee or a Semi-absentee Owner.
* No SBA Financing. Cash only, Seller Note possible for a qualified buyer with a large down payment
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