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Well Known Distributor for sale in NY

New York (NY)

Asking Price: Gross: Cash Flow:
Undisclosed $ 1,850,000 $ 235,000

Business Summary:
This is an opportunity to acquire a thirty year plus home accessory distributor-wholesaler with a well-established brand and excellent reputation. The company wholesale’s beautiful home accessories to their many retail customers, mass merchandisers, department stores, as well as online through their own website, Amazon, Wayfair, HSN.com, QVC.com and other online partners. The owner is ready to retire after over 30+ years and a younger, more aggressive owner can propel the sales and profits of this high margin, low overhead business. Inventory ranges from $300,000- $400,000 depending on the time of year. This is an ideal opportunity for an individual investor looking to own a wholesale distribution that has tremendous potential to expand its online business, or a synergistic buyer who can incorporate into their existing business as it is easily relocatable anywhere.The company has strong vendor relationships and low customer concentration as well as a strong client database, and there are many ways to grow the business with more robust marketing penetration and expanding the sales team. Reputable, relocatable, profitable and so much potential to take this already established brand to the next level. Please refer to listing #14260 when inquiring about this business.

 

   
Number of Employees: 5  
   
Owner willing to train: Yes  
   
Seller Reference Number: 14260
BusinessMart.com Listing Number: 249976
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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