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LISTING PRICE JUST REDUCED $100,000 - MOTIVATED SELLER.
For 25 years this branded manufacturer and distributor of a fun, niche product has been the industry leader with virtually no competitors. The client base for these recession proof, entertainment and party products (not adults toys) are primarily 18-30 year olds, Fraternity / Sorority Houses, Companies, and Theme Parties.
They primarily sell through 1,000s of US and international retailers and distributors worldwide and are a VIP Vendor at Spencer Gifts. Their product line is priced from $4.99 to $79.99 and the biggest seller is only $9.99. The majority of their products are Made in The USA and can be quickly and easily assembled and shipped using lower wage employees.
The annual sales are steady and there is an excellent opportunity to increase revenue since the current owners do no marketing or advertising. An energized new owner could drive direct sales by adding new products - currently there are a few new products ready to launch, use social media, create a SEO presence or hire a Sales Representative. They also have just signed on with Urban Outfitters and Claire's and are set to start a new campaign with . They have not raised their prices in a few years and, due to their strong market niche, a small price increase could generate an immediate increase in revenue.
Relocatable - since the products are easily assembled and shipped, the company could easily be relocated and the current employees replaced if outside the area. This is a great business to own and operate or it could easily be a semi-absentee or absentee owner enterprise.
NOTE: Interested buyers must show proof of funds. Seller Carry-back available up to 20%.
Please contact Eric Mellem at for more information. BizEx Business Brokers / M & A Advisors
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