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Distribution - Protective Cases for Sale in Los Angeles

Reference #: 41190812
Location: Los Angeles
Price: $1,500,000
Amount Down: $1,500,000
Revenues: $1,413,400
Discretionary Earnings: $341,600
Total Assets: $40,000
Business Description: 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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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.