Highly Profitable General Merchandise - Wholesale
Location California,United States
Asking Price Range < $250K
Gross Revenues $840000
Net Profit / Cash Flow $144000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1996
Number of Employees 4 - 5
Inventory 5000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training 4 weeks at 20 hours / week.
Description Highly profitable General Merchandise - Wholesale business for sale in Down Town LA. This very profitable business is located in the wholesale district of down town LA. The merchandise is imported from China and also bought locally are sold to retailers like, Smoke shops, Liquor stores, Mini Marts etc. This business has 1,200 active accounts.
The company also has 5 different web sites with e-commerce capability and sells the same merchandise at retail prices to the public. About one third of the revenue comes from e-commerce and two thirds from the wholesale operations. The business has 3 full time employees for the wholesale operation and 2 part time employees to manage web sites. Email or call Ved Sajnani at (310) 539-8300 for more information.
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