Fashion Accessories Wholesaler In Maine For Sale

Business description

This company wholesales high quality accent accessories from diversified sources. It has sales representatives and active sales accounts throughout the US. The business has an industry-recognized reputation for service and quality. This is an exciting opportunity for an individual who enjoys administration, sales and marketing, and occasional national and international travel. The business is highly successful in its current location, but it could be relocated within the state of Maine or elsewhere.

Property information

Real Estate:

Lease

Leasehold rent:

$12,000 per annum

Location:

Can be operated in current location or relocated.

Premises details:

The company’s facility is about 2,000 square feet. This is more than adequate for the current operation and for expansion of the operation.

Business Operation

Expansion potential:

A new owner can pursue numerous growth avenues to increase sales. Opportunities vary from type of owner involvement to various methods of adding new accounts that are not being done by current owner.

Competition / Market:

Sales are generated by on-the-road sales reps and by an in-house sales team. The company is known for its personal service and quick customer response, which gives it a competitive edge. Its sales have held relatively stable in the current economy because it is flexible and responsive to changes with in its marketplace.

Reasons for selling:

The seller plans to relocate and does not want to run a company as large as this one has grown to be.

Employees:

4 FT & 2 PT

Years established:

Established in 1980

Other information

Support & training:

The seller will provide transition training to a new owner and provide introductions for a new owner to its specially selected vendors.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$230K Anticipated Seller Financing. $185K Down plus $375K Inventory and $25K Working Capital Needed

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$375,000

Relocatable:

This business can be relocated.