Import Wholesale And Distribution
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $5010500
Net Profit / Cash Flow $575700
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 10 - 19
Inventory 946041
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale 5 partners pursuing other interests.
Description This wholesale distributor was started by a partnership 3 years ago and sells very unique health and sports accessories. Their products mainly consist of necklaces and bracelets made of magnetic minerals. The magnetic energy in these accessories is thought to increase one's well-being by the absorption of minus ionic charges throughout the human body, which will balance the electrical ionic charges into its neutral state. Plus, ions are unintentionally absorbed into the body through everyday activities such as talking on a cell phone, which can negatively alter one's state of being leading to a loss of daily productivity.
This product is pending FDA's approval. The products were invented and made in Japan. A US patent has been taken out for these products. The popularity of this product is now rapidly expanding all over the world and China is now growing to be its largest market. The business being sold operates in Canada, Mexico and the United States. This distributor has over 40 sales representatives and 2,000 retail shops throughout the US. The channels of distribution have already been established in the US after three years of operation and it is now easy for a new owner to operate. For more information on this Wholesale and Distribution business for sale, please email or call Nobuko Isoda at (310) 539-8300.
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