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- RE: Sale Pending: Distrib.of Unconventional Gift Prod.
- Contact: Bill Kraemer
Quick Facts
Asking Price: | $575,000 | |
Annual Revenue: | $653,284 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 948544 | |
Broker Reference #: | 8624 B.K. |
Business Overview:
Type of Business: Unconventional gift products. Included in the asset sale is:
1. Inventory valued at approximately $278,000.
2. Factory contact information and relationship introduction for product re-orders.
3. IP on the active inventory.
4. Established selling platforms for the Brand:
a. Amazon
i. Brand store and listings created and live with variations, keywords, and ad campaigns that can be transferred.
ii. Over 10k 4.4+ star reviews (out of 5) across all listings that would transfer in sale.
iii. “Amazon Choice” on many items due to positive reviews.
iv. $3.4 Million in revenue generated since 2019.
b. The Shopify website is active and will be transferred.
c. Established Retail buyer relationship introductions:
i. Target Domestic and International
ii. Kohl’s
iii. Duluth Trading
All products are manufactured in China and/or Vietnam.
Currently serving over 650 retailers located in the US and a few boutique customers from Canada, Germany, Austria, and the UK. (9 SKUs).
Revenue:2023 revenues were approx. $653,284. Sales for the past three years were $4,660,676,
Reason for sale: Other interests.
Future: The company is well positioned for future growth and earnings. The company
has developed extremely valuable distribution relationships.
Price/Terms: The seller is asking $575,000 for the assets and relationships listed in this profile, plus all marketing assets, production files, molds, UPC prefixes, and manufacturer transition.
An ideal buyer would be motivated, organized, and have some experience with retail/merchandising imports, and distribution, although no specialized training or licenses are required.
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Property Features and Assets:
Facilities: Business will need to be moved (basically warehouse space).
Reason for Selling:
Other InterestAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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