Long Established Trading Company For Sale

Business description

This is a business that imports merchandise from China, Vietnam and Thailand, most of their items go to 99cents stores and other wholesale and retail stores.

A new buyer will need to spend time in Asia (4 to 5 trips a year, each lasting about 2 weeks) for sourcing, inspecting and making sure containers of goods are shipped on time. These goods are garden tools, laundry baskets, doggie toys, Christmas wraps, etc., all varying in size from 6 items per container to a max of 18.

Owner is willing to spend up to 2 years teaching all there is to know as well as traveling with the buyer. He is also a distributor for a New York DVD company and has 40 large display racks in grocery and dollar stores all over Southern California with great potential to grow to as many as 400 if the new owner hires some help, the movies range from Spanish cartoons to English romance, limiting stores to 480 sales every 2 weeks.

Owner is burnt out and wants to retire. A cash and carry operation will grow business to higher profits.

Property information

Real Estate:

Lease

Lease terms:

$750 per month

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Friday

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$4,000 (included in the asking price)

Inventory / Stock value:

$12,000