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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Artesia, CA 17100 Pioneer Boulevard Suite 195 Artesia, CA 90701-5414 (562) 402-2686 www.BizBizBiz.com vr0198@vrbusinessbrokers.com |
VR Business Brokers - Pasadena, CA 600 South Lake Ave. Suite 507 Pasadena, CA 91106 (626) 449-1500 www.vr-bsma.com rschammel@vr-bsma.com |
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Business Listing Details |
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LISTING#: |
L0000: Distribution/Wholesale Distribution - Protective Cases |
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LOCATION: Los Angeles |
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ASKING PRICE $1,500,000 |
AMOUNT DOWN $1,500,000 |
REVENUES: $1,413,400 |
DISCRETIONARY EARNINGS $341,600 |
TOTAL ASSETS $40,000 |
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| Wholesales own line of branded, protective cases for a very specific market niche product, within the smoking accessories market. The business was started 6 years ago manufacturing the cases themselves. They now design the cases and have them manufactured offshore. Their products are offered by approximately 2,500 retailers in the US. Sales and profitability have steadily increased. The Founder/Owner has designed the company to operate quite effectively without his close, day-to-day involvement. Staff includes a warehouse manager with 3 additional staff, and a sales manager with 2 additional sales personnel. The business uses NetSuite (an integrated, web based ERP software program) for all of its sales, inventory, ordering and accounting activities. Administration, including accounting has been outsourced to eastern Europe.This business runs itself - owner works only 3 days per week - remotely if he desires! |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |