Last Revised: 9/18/19. Posting #: 255957
Key Words: apparel, clothing, sportswear, beauty products, ecommerce, distributor, distribution, relocatable
Financial Info: Price: $375,000. Down: $375,000. Adjusted Net: $99,101. Annual Revenues: $443,490. Revenues are generated primarily through retail sales and there is also a small percentage of wholesale clientele.
Profile: This is profitable and growing company in both domestic and international markets. The business specializes in online sales of sportswear, intimate apparel and beauty products. Revenues are generated primarily through retail sales and there is also a small percentage of wholesale clientele.
The company has been in business since 2004, starting with catalog retail sales. It has since implemented a new strategy to allow for entry to online/internet sales. It has established its online presence with marketing targeted to English and Spanish speaking clientele. This is accomplished through the company's focus on building three customized and Google optimized URLs, which shall convey in the sale. It also markets and distributes products through Amazon.
200 sq. ft. office and 1,200 sq. ft. warehouse.
Competitive Overview: The company enjoys a competitive advantage with its unique line of fashionable and functional sportswear, beautiful designs and other products that are in high demand by quality centric consumers.
Potential Growth: Outstanding growth potential as this previously high volume catalog retail distributor continues to enhance its online presence. The company has two websites for English speaking consumers and a third to reach Spanish speaking consumers outside the United States. They also now have a relationship with Amazon to market and distribute a certain inventory, which may be expanded to include additional products. These new channels will serve the company well as more and more consumers begin to discover the outstanding product offerings.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Profile: When the time comes to sell your business, having a team of experienced professionals to represent you can make all the difference in the world as you work to successfully complete a business transaction. Jordan Green shares tips for hiring your most important professional, a business broker.
Key Words: selling a business, sellers, brokers, business brokers, seller representation, jordan green
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
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