Profitable E Commerce Company - Wholesale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $191780
Net Profit / Cash Flow $75130
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory 30000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 20 hours per week.
Reason for Sale Focus on other non-related business interests.
Description This is a profitable wholesale / distribution business that sells children's toys. The business was started in 2002 by a company in the UK. The Seller owns exclusive marketing rights throughout the US. Company only sells wholesale; no retail at all. They sell to toy catalogs, a brick and mortar store, and other websites, including Amazon.com and Target.com
The toys are 7 tail-wagging, body wiggling, head-turning, Pull-Along Pets, as well as 3 recently introduced Ride-Along-Pals. All manufacturing and production is done in China from renewable timber materials. All toys are hand-painted and take just 2 screws to assemble.
The toys have won more than 40 awards, including Amazing Toy Awards 2003, Babyzone.com, National Parenting Centre Seal of Approval 2003, Oppenheim Toy Portfolio - Gold Seal Award 2003, Parent's Choice 2003 Recommended Award Winner, Parenting Magazine; Toy of the Year Winner 2003, Certificate of Excellence: Practical Pre-School magazine 2004, amongst many others.
Company has no employees other than its 2 owners. Sales are made through 75 sales representatives throughout the US. Orders are fulfilled by a facility in Georgia.
There are two new products ready for production, to be introduced in spring of 2010. There are several designs that are also ready for first stage prototype. They also plan on taking some existing wood products and re-branding them, to help the brand become proprietary.
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