Established in 1992, this small business specializes in the import and resale of impulse toys, gifts, luggage and imprinted merchandise items. The business was built from scratch and has evolved over the last 22 years to include a wide range of products (over 1,000 unique items) including an e-commerce website, showroom, a talented nationwide sales force and presence in large chain stores such as grocery stores and chain drug stores. This business has also been present at major industry trade shows over the years.
With gross annual revenues over $1M, this business would be perfect for a young entrepreneur as it can be relocated anywhere in the United States and has endless potential for growth. This business would easily run on its own or could be incorporated into an existing business. The current business & warehouse has been based for the last 17 years in a major metropolitan area in the midwest United States. If desired to maintain the existing location, lease terms are month-to-month.
This sale includes: Full retail website (with a customer database of buyers nationwide), list of clientele, equipment necessary to run the business (forklift, computers, etc.), list of suppliers, an operations manual, approximately $200k of on-hand inventory, transfer of all existing trademarks and registered marks and websites to new owners and up-to a one-year handover with the current owners including trips overseas to meet with suppliers. Additionally, current owners will introduce new owners to existing employees and sales force and attend trade shows, as needed.
After 20+ years of success with this business, it's time for us to retire. The business is turn-key and would be profitable on the very first day. Don't miss out on this great opportunity, as it won't last long!
Serious inquiries only. Details will be given if proof of funding is provided. If you are interested, please call Daniel at 305.890.4545.