Internet / Light Bulk Distributor Turn Key Opportunity
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2750000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1993
Number of Employees 6 - 9
Inventory 300000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Yes.
Reason for Sale High debt and lack of capital to secure important manufacture relationships.
Description 15 years of excellence, providing ''Turn Key'' Internet & light bulk distribution. Customer SAP software valued at over $500k developed specifically for high volume Internet distribution. Many automated sw processes to minimize future staffing requirements. SW includes accounting, operations, inventory, warehouse & full integrations to web & other applications. Custom pack slips capability for web customers to place their logos and t/c's on pack slip as if the package shipped direct to consumer from their warehouse. Retail and B2B website includes a homepage specific to wholesale and Internet customers once logged into site. Homepage has access to updates, inventory files, images, etc for automated approach in minimizing account mgmt resources. Easy to manage order and shipping process. Full integration w/UPS (FedEx capable) places actual shipping charges in invoice prior to invoicing. Orders are ''touched'' once prior to invoicing. Processed over 45,000 orders in 1 month (high season) with 1 seasonal warehouse staff and three full time staff.
Established customer base of over 500 web companies, including full range (NFLshop.com, Target.com, Dickssportinggoods.com, eBay, etc). Established regional and national wholesale brick and mortar customers. Includes retail web, but has not been a major focus for company. Purchases made primarily through B2B online application, or automated order import files.
Potential buyers include:
-Investors with capital to expand our dropship services with key manufactures
-Large Internet based companies requiring diversification to expand to all B2B customer within market segment
-Large manufacture using 3PL for Internet dropship and light bulk
distribution.
Asking price between $2 mil & $3 mil, primarily to cover debt. Obstacles include high debt and lack of capital to partner closely with large manufactures. Much upside potential. Can relocate after 3 yr lease complete. Contact for more info on this Distributorship
Click Here To Contact Seller
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