New Business For Sale: Branded Manufacturer, Distributor, Party Novelties
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August 28, 2019 by Eric Mellem
Eric Mellem just launched a new listing: Branded Manufacturer, Distributor, Party Novelties
Branded Manufacturer, Distributor, Party Novelties
Asking: $975,000 • Gross: $1,000,000 • Net: $350,000Worldwide Manufacturer and Distributor of Branded, Fun Novelty Party Products
Since 1992, this Orange County, CA based company has dominated this niche area of Party and Entertainment Products. No other company has come close to their large, worldwide distribution network of 1,000s of retailers and distributors - including Australia and Europe, On-line presence includes Amazon and Walmart, and high repeat customers.
$350,000 Net Income from $1,000,000 in Annual Revenue
Their recession proof products have been featured on numerous TV shows and movies and are very affordable - ranging from $4.99 to $59.99. Made in the USA - about 95% of their products are manufactured in the US.
This is a fun and relatively simple business to own and operate. Only 3 low-skilled, full-time employees are needed to handle the $1,000,000 in annual sales. The company could also be relocated since the easily assembled products do not require high skilled labor or heavy machinery.
Growth Opportunities: the company has done no marketing or advertising for years. There is an excellent opportunity to increase revenue by creating a marketing plan and also by adding products - the owners have many great ideas they can share with a buyer.
This is a highly profitable and fun business to own and operate. It could be run as a Absentee or a Semi-absentee Owner.
For more information; please register and complete the Non-Disclosure Agreement at https://www.bizex.net/buy-business/register. Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net.
Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem
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