Business Summary:
$1.3M Revenue | $318K SDE | No Retail LocationThis profitable event-based fundraising company serves schools and community organizations throughout Louisiana. The business generates revenue by organizing and operating high-ticket product fundraising events throughout the year. There is no storefront and no standing retail inventory. Customers who attend these events can purchase quality, name brand mattresses, adjustable power bases, & bedding accessories for their homes and have a portion of their purchase benefit local schools and other non-profit groups. Events are scheduled in advance with partner organizations, creating predictable revenue opportunities and repeat annual clients.This is an active, owner-operated business. A buyer should expect to be hands-on or hire management to replace the owner’s role.With essentially no fixed overhead, established supplier relationships, and seller financing available, this is a great opportunity for someone looking to own their own business.
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| Year
Business was Established: 2010 |
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| Number of Employees:
1 FT/15 PT |
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| Facilities / Terms of Lease:
The company is currently located in Southern Louisiana with ability to service the entire state of Louisiana. The business operates from a home office at the owner’s residence. The company contracts a 3rd party moving company to receive, warehouse, & deliver products to customers following each event. The owners also rent a storage unit to store a small amount of inventory and a minimal amount of equipment on a month-to-month basis. |
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| Potential
Growth/Expansion:
The company is well positioned for growth by expanding the footprint across the entire state of Louisiana. |
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| Competition:
The company has little direct competition among high ticket items in the space, which gives it a competitive advantage. The core business is a unique business model that does not directly compete with traditional fundraisers such as popcorn, candy sales, raffle tickets, etc. |
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| Owner
willing to finance:
$39,500 down/$39,500 over 60 mos. @ 6%/Other Financing. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
The owner is ready to retire. |
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| This business is Home Based.
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Seller Reference Number: 5506-18745
BusinessMart.com Listing Number: 314415 |
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