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Businesses For Sale > Business For Sale in Knoxville, Tennessee (TN)
Home Shopping Channel
Knoxville, Tennessee (TN)
| Asking Price: |
Gross: |
Cash Flow: |
| $1,200,000 |
$3,100,000 |
Undisclosed |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
A growing home shopping network business that offers matchless values in collectable products. In under two years of operations the shopping channel has grown from a modest 70k sales from 8/06 to 12/06 to over three million for year ending 2007. The first quarter of 08 has produced over 1.25 million in sales and the month of April will exceed 600k for the month. Projection for 08 is expected to exceed seven million based on twelve hours broadcast time per week. The business began broadcasting six hours per week from start to Dec. of 2007. They increased the air time to nine hours per week in Jan. & Feb. of 08 and have just added three more hours for a total of twelve hours per week. The goal is to build to 40 hours of air time per week.
To accomplish this goal the owners are looking for a buyer to purchase up to 50% of the business for the asking price of 1.2 million and provide a line of credit of 1 million dollars to be used as or if needed for growth and repaid at 10% interest. Buyer can be active or inactive.
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| Year
Business was Established: 2006 |
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| Number of Employees:
2ft-10pt |
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| Facilities / Terms of Lease:
The business operates from a studio leased at $2500 per month with ample space to expand their call center to accommodate the rising sales. They presently operate with 8-10 call center employees per show. The business transmits from a mobile digital satellite vehicle with modern digital cameras and network booth in the studio. |
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| Potential
Growth/Expansion:
The business with added air time and the maintaining of operational standards and customer satisfaction has unlimited growth potential with conservative projections to surpass 25 million in three years. |
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Seller Reference Number: bm367545803
BusinessMart.com Listing Number: 38405 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
 Darrel Sheley
Business Broker Services, LLC
865-692-6224
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