Fine Ornament Distributor for Sale in Suffolk - 25293 Business Type: wholesale/dist businesses,misc. wholesale/distribution/non-classifiable,illness forces sale!,owner financing available,assets only sale,gift basket companies,mfg businesses
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $275,000 | Down Payment | $275,000 |
Gross Revenues | $353,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $85,000 | Number of FT Employees | Register Free to View |
Financing
$275,000 Down and TBD
Business Description
Ornament Manufacturer offering 1200 Mouth-Blown, Hand-Painted Exquisite Glass Ornaments. Imported from European manufacturers, there is huge potential here. A new owner could easily expand by adding Crystal, Pottery, Dinnerware and other holiday ornament products. The owner, who is willing to stay up to 2 years for a very smooth transition, will introduce you to these markets and resources. Customers include Bergdorf Goodman, Neiman Marcus, Saks 5th Avenue, Bloomingdales and other fine retailers. The business has an additional showroom in the Atlanta Gift Market that is maintained year-round. You can see her at the Atlanta Gift Show, the New York Gift Show, and at many craft and art fairs around the tri-state area. Craft shows in 2014 will add $100,000 to the gross revenue.
Marketing, both wholesale and retail, are done through the company's attractive website.
Retail Shows in 2015 will add 100,000 to gross revenue.
Seller is willing and expecting to stay on for an appropriate length of time at an agreed upon salary to help the buyer in any way they can. For instance, they would continue to design as well as introduce the buyer to my European vendors, as well as industry and vendor resources.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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