Category:
LA4028 - Wholesale & Distribution
Location:
Southern California - Southern California
Business Description:
Business imports product from China and distributes throughout the US & Canada, composite wall panel & decorative surfacing materials. Semi absentee run at present. Owners work about 5 hours/wk. Potential to grow business with greater owner focus & by attending trade shows, expanding distributor network to more territories & by adding additional styles/colors. Currently headquartered in Canada with only two direct employees. Can easily be relocated, or Seller will sublease office. Ideal opportunity for Buyer to add product line to existing similar business. Customers are interior designers, architects, builders. Gross margin about 35%. Contact Broker for financials.
Inventory (included):
$400,000
11 Months Ended
11/26/2018
$1,161,435
(Sales)
$0
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$1,086,881
(Sales)
$0
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$1,378,995
(Sales)
$0
(Adjusted Cash Flow)
12 Months Ended
12/31/2015
$1,106,874
(Sales)
$0
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 2 | 0 |
Owners | 0 | 2 |
Hours of Operation
M-F 8-5
Licenses Required:
Monthly Rent Including NNN:
$800
Expires:
MtoM
Option:
No
Size(sq.ft.):
0
Type of Organization:
C Corp
Reason for Sale:
Business Needs more focused owner
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.