Asking - Inquire .. and make an Offer

Cash Flow - $1, 182,000 in 2006 ... New Owner ... estimated at $ 1,025,000

BUSINESS:

This company is a specialty niche importer of wooden items. It offers a mid to high quality product at a mid price range. The products are sold to specialty retailers and mail order catalog companies. Revenues of $6.1 million are forecast for 2007.

FACILITIES AND EQUIPMENT:

Sales are generated through a network of 12 sales representatives and 90 industry dealers. Currently only one mail order company is served. Tremendous growth potential has been identified. The business requires about 40,000 square feet of warehouse space and minimal office space. It can either be relocated or remain in the existing facility under a lease.

WHY BUY?

-- Easily learned business

-- Low overhead equals high profits

-- Excellent reputation

-- Established customer base

-- Multiple overseas suppliers willing to grow with the company

-- Can be relocated or remain in place

-- Tremendous growth opportunity

PERSONNEL

The beauty of this business is that it requires very few employees. Current staffing levels consist of a sales manager ( part time - shared with another division), two office administrative people and two warehouse people.

SUPPLIERS

The business has partnered with three overseas suppliers who have been able to deliver a quality product in a timely fashion. All three suppliers have expressed an interest in growing with the company.

FINANCIAL:

This wonderful growing business has gone from $ 1 MM in sales in 2005 to $ 4.5 MM in 2006, and anticipates $ 6 MM or more in 2007 .. with gross profit of 30% for its highly professionalized importing / distribution business. SG&A expenses were less than $ 250k and operating profits of $ 1,182,000 in 2007 are expected to exceed$ 1.500,000 in 2007.

SUMMARY, PRICE AND TERMS:

This business is being offered without a specific asking price. A buyer is encouraged to develop their own offer and terms based on the earnings, purchase orders, assets acquired and other conditions. Inventory will be sold at landed cost.

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