Business For Sale Listing 149848
Niche Specialty Distribution & Service
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
This family owned Niche Specialty Distribution & Service Business has been in operation for 22 years. They provide unique gift items with a specialty emphasis on local product. They provide to predominantly corporate clientele, as well as major city-wide events and large conventions in a major Midwestern city of 1 million plus population. Under current ownership since 1998, the business has grown from a home based business to a retail outlet, and as of this past fall, have gone live with their own website.
This business is well positioned for a new owner to take it to the next level of growth. Retail sales continue to grow even with very little signage and virtually no advertising.
Besides the current owners, there are always several part-time employees depending on the time of year, sometimes as many as 32. With exception of the current executive management, it is not anticipated that there will be any employee turnover resulting from the sale.
The retail outlet is approximately 1,500 square feet at $1,200.00 per month. The landlord would entertain a long-term lease. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request.
The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Due to the unique nature of this business and the variety of acquisition structures that the Seller is willing to entertain, it will be assumed that the Purchaser and/or advisor of the Purchaser will possess sufficient financial sophistication to determine value and submit an offer to purchase.
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