High End Consumer Luxury Designs
Location California,United States
Asking Price Range < $250K
Gross Revenues $1300000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 6 - 9
Inventory 30000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Seller will provide training for 4 weeks at 20 hours / week.
Reason for Sale To focus on new venture.
Description High End Consumer Luxury Design, Manufacturing, and Distribution Firm for Sale. WOW, you may have seen these products on fashionable TV and Cable programs, and high society events! The company features amazing products for amazing people. This firms innovative products are sold at the highest end retail outlets coast to coast, directly by the company and through reps. Ninety percent of the products are distributed though high end retailers. Ten percent of company sales are retailed at the head office directly or via Television Marketing Programs. Company has USA Offices and Storage and overseas contract manufacturing. Seller owns the building personally and is willing to lease the 3093 sq ft building for fair market rent, $2.25 per sq ft per month, $6959 per month, or sell for fair market value of $1.3 mil. Business is offered for sale for $150,000 plus inventory. Inventory amount varies, and currently is around $325,000 at cost. Company sales for 2008 were $1.3 mil. For more information, please email or call Lonnie Langdon or Hazel Hofsess at (310) 539-8300.
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