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Distributor/Mfgr/Importer of Hobby Products

This company has been established many years, but the business has been greatly simplified over the last couple of years. They use to make many of their own products for the ceramics industry, but now make very little. Most of the business is importing goods by container loads. Sales use to come mostly from customers in the industry, but now many of the orders are coming from the new website that is fully integrated into the company inventory. As a result, the company grosses about $1.2M with 4 employees which use to require 10 to 12. The owner has discretionary earnings of about $200,000 which he can share with a serious buyer. The Seller has other business interests. There is no formal asking price or terms, but the owner is likely to expect a 4 X multiple and maybe an earn-out. Real estate is available for sale or lease. No other information can be shared until a confidentialty agreement is executed.