Phone Mailorder / Catalog Wholesaler
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $669000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1971
Number of Employees 1 - 3
Inventory 15000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training 30 Days or as needed.
Reason for Sale Moving to an Island.
Description Since 1971, we have brokered a unique product line, primarily scented products (incense & oils) and home decor, novelties, gifts. Profit before salaries: 30%/ average sales last 3 years of $669K. Takes 2-3 persons to run; buy & sell by catalog, web-site, phone. 50% orders are auto-refills called in- 40% with reminders, 10% new sales. No retail, manufacturing, importing. Quick stock turnover, 1/2 COD, 1/2 Net 30. RELOCATABLE anywhere in 48 states over the weekend. Color 36pg catalogs 30K/yr/$.20 is main advertising thus far - Steady sales, minimal work, cash cow. Just buy and sell, answer the phone, check customer lists, go to the bank! Not affected much by past recessions. The ideal family business or launchpad to a serious mailorder cataloger. Uncomplicated. Owner moving to Central American island. Will train as needed, employees interested to stay on if wanted. Web-site bringing 10% of orders, growing. WILL PAY FOR ITSELF FAST. THE QUINTESSENTIAL CASH COW. Contact for more information on this Phone Mailorder / Catalog Wholesaler business for sale. $560,000 with $60K of inventory (financed over 12 mo's); $100K held 3 mo's in escrow till sales are proven.
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