National B2B Wholesale Distribution

Type of Business:  Unconventional gift products providing funny gifts and pet-related

Items. Included in the asset sale is:

  1. Inventory is valued at approximately $800,000.
  2. Factory contact information and relationship introduction for product re-orders.
  3. IP on the active inventory, along with over 80 pages of additional IP and product ideas ranging from additional novelty products to stationery designs.
  4. Over 20 product designer relationships and contact information for future product needs—graphic and Industrial Designers.
  5. Established selling platforms for the Brand:
  • Amazon
    • Brand stores and listings are created and live with variations, keywords, and ad campaigns that can be transferred.
    • Over 10k 4.4+ star reviews (out of 5) across all listings that would transfer in the sale.
    • “Amazon Choice” on many items due to positive reviews.
    • $3.4 Million in revenue has been generated since 2019.
    • The Shopify website is active and will be transferred.
  • Established Retail buyer relationship introductions:
    • Target Domestic and International
    • Barnes & Noble / Paper Source
    • Kohl’s
    • Duluth Trading
    • Indigo Books

All products are manufactured in China and Vietnam.

Currently serving over 650 retailers located in the US and a few boutique customers from Canada, Germany, Austria, and the UK. (23 SKUs).

Facilities:  Business will need to be moved (basically warehouse space).

 Revenue: 2023 revenues were approx. $926,520, 2022 revenueswere approx.$1,185,500, and 2021 revenues were approx. $2,218,000

Reason for Sale:  Other interests.

Future:  The company is well-positioned for future growth and earnings. The company has developed extremely valuable distribution relationships.

Price/Terms: The seller asks $1,425,000 for the assets and relationships listed in this profile, plus all marketing assets, production files, molds, UPC prefixes, and manufacturer transition. The seller will retain all account receivables.

Ideal buyers would be motivated, organized, and have some experience with retail/merchandising imports and distribution, although no specialized training or licenses are required.

 

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About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to identify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 30 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 32 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.