Located in northern Silicon Valley, this wholesale distributor of leading consumer brands, makes next-day deliveries, selling to professionals, sub-distributors, & retailers throughout California and western U.S. It's highly profitable & easy to run, with hundreds of long-term repeat buyers. Just 1 owner operates the entire business with no employees. The business uses a state-of-the-art CRM plus a product & contact database on in-house server.
The price is $399,000. SBA-Loan Pre-Approved. With SBA and seller financing, the down payment could be between 10% and 20%. The adjusted net is approximately $232,000 (for one full-time owner-operator with no employees). Annual revenues/sales for 2019 will be over $1,000,000, and growing.
> Profitable during current ownership, for more than a decade.
> Over 25 Years in Business
> $1,000,000 in Annual Sales / Annual SDE (owner-operator) approaching $200,000
> Poised for growth and expansion
> Long-Term Repeat Customers
> Beauty & Personal Care Products can be easily expanded across other verticals
> Business-to-Business, Monday-to-Friday, 9 to 5 ... No Weekends or Holidays
> Efficient Operations 1 person runs the entire business.
> CRM - Contact/Customer & Product Database
> State-of-the-Art IT/Computer Systems with 2018 upgrades and updates.
> In-House HP Server, SAGE Software
> Manufacturing & Assembly Capability, multi-warehouse ready.
> Integrated Financial System, Including Purchasing & Billing
> Ability to Handle Online and Point-of-Sales (POS) Transactions
> Pre-approved for SBA Purchase Financing
> Seller-Financing Available for Inventory
This well-established business is the exclusive West Coast distributor of leading brands of personal care products. They sell to professionals, retailers, and distributors. The business is highly profitable and easy to run, with hundreds of long-term recurring customers. They are selling mainly to sub-distributors and large volume customers that include specialized "big-box" retailers and retail sales enterprises.
The company maintains an efficient, affordable office/warehouse space in the San Francisco Metro Area. However, the business is easily relocatable almost anywhere in northern California.
The business is run by one full-time person. It definitely could be run on a semi-absentee basis, or by one part-time owner-operator with a clerical/shipping assistant, or by a full-time owner-operator, or by a full-time employee.
The computer systems operating the business are state-of-the-art with the most current software updates, and extensive manufacturing and assembly capabilities. Purchasing, vendor/supplier data, items and counts, customer data, sales orders, order fulfillment, invoicing/billing, packing slips, labels, statements, inventory re-orders, customer re-order reminders, etc. are efficiently managed in an integrated seamless process. The computer/software infrastructure could easily handle exponential and multi-warehouse growth with no additional upgrades.
Transaction: The price is $399,000. (This is about 40% of gross revenue and 1.7x SDE.) With SBA and seller financing, the down payment could be between 10% and 20%. The adjusted net is approximately $232,000 (for one full-time owner-operator with no employees). Annual revenues/sales for 2019 will be over $1,000,000, and growing. Fixed assets (FF&E, etc.) are valued at $50K+. Details regarding assets will be disclosed in the confidential profile upon broker receiving the buyer's NDA.
Inventory: Current inventory will be $200,000 or less. The current owners will sell that inventory to at actual cost and may finance it for up to two years.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.