300,000+ Inv
Asking Price
Address: Carson,
Status: Active
Posting ID: 286382
10/18/24
Description
This import and wholesale business was established in 2006 and has kept up consistent and steady back-to-back loyal clientele over the years nationwide, including Amazon and eBay vendors, as well as offline store owners. Business hours are less than 40 per week.
The business is located at a 19,119-square-foot sized warehouse nearby the City of Carson, California.
The rent is about $21,218, plus $400 for water and electricity. The current lease is good until 01/31/2027, with an annual increase of 3%. The current rent price is lower than average in the area.
Business hours are Monday through Friday, 9:30 am to 4:30 pm.
All customers are required to pay their freight charges upon receiving merchandise or pre-pay freight charges.
Employee 1 has been almost a full-time employee since 2009, and sometimes if the seller needed more hands during busy times and get labor services time to time.
The business price is negotiable, and the inventory currently on hand is way more than 1 million because the seller always keeps up all varieties in size, style, and colors.
Gross Sales Revenue
Year 2021 $1,091,105
Year 2022 $1,068,496
Year 2023 $789,762 *** 8.5 months business Closed 3.5 months Due to owner's hospitalization and life risk big operation out of USA
Adjusted Net Income
Year 2021 $388,393
Year 2022 $360,353
2yrs average $374,373
Year 2023 $217,617
Conservatively over $330,000 per year Net Income
The business price is negotiable, and the inventory currently on hand is way more than 1 million because the seller always keeps up all varieties in size, style, and colors.
We welcome sincere discussion for serious buyers with over $300,000 down after completion of NDA.
SBA Loan is pre-qualified from the seller side, as long as the buyer qualified, Loan won't be a issue.
To get more information about this Import And Wholesale Company - Established 2006 business for sale in Los Angeles County please phone James Kwon (Broker - BRE License #:01382901) at 213-327-5400 Cell and 213-327-5400 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286382 on BizBen.com. In addition to phoning James Kwon, make sure you email James Kwon above to get more info about this Import And Wholesale Company - Established 2006, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01382901. dba: Pro Biz High Equity Real Estate Service,.
Contact
Details
Asking Price: 300,000+ Inv
Down: $325,000.00
Cash Flow: $330,000.00
Revenue: $1,080,000.00
Area: Los Angeles County
City: Carson
Attributes:
My Notes About This Listing
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