This sports novelty item distributor handles over 30,000 products which they receive from over 70 different manufacturers. Established in 1990, this Omaha based company distributes items such as mini football helmets, team mugs, and team pennants to over 800 small businesses coast to coast. Over 95% of business is done Business to Business with the remaining 5% being sales directly to customers. No customer or client is over 5% of total business, representing great diversity in sales.
The current owner desires to retire within the next year and is selling the company he has built from the ground up. The business has expanded to include a second location which allows the business to cut down on shipping costs. Both locations have warehouses and are fully staffed with management and employees who pack and ship orders. The current owner is only responsible for purchasing inventory and overseeing general business operations.
At the proposed purchase price, a Buyer could expect a 165% Return on Initial investment in the first year. This is a Net Operating Income (Profit) of $339,098 after payment of debt services. This business still has room to grow as the current owner sees opportunities to expand business by distributing to more Grocery and Convenience Stores.
Asking Price $4,100,000
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