Mid-Atlantic Business Broker Listing
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Listing Number: 13792 Contact Information About this Business
Type of Business: Wholesale Trade — Durable Goods
e-mail: info@novarsgroup.com
Location: Mid Atlantic Region
phone: (703) 319-1565
 

Business Description

The business was established in 2001 to market and distribute eyewear products manufactured at two related company factories in China. The revenue growth has been achieved through sales and marketing efforts of the owners and due to the quality and price of the products. The products are all designer quality and are marketed throughout the US and overseas through a network of sales resources and at industry trade shows. The owners are limited in their ability to take the business in the US to the next level due to the need to continue to oversee operations in China. The sale is to allow the owners to return to China and concentrate on that side of the business ensuring there is a continuing supply of high quality eyewear for the new owners. The business has all of the groundwork laid for explosive growth in the coming years. The sale price includes assets and inventory valued at $1,000.0000. The customer base in nationwide.

       
Furniture, Fixtures, & Equipment: $46,000 Asking Price: $950,000
Vehicles and/or Rolling Stock: $N/A Down Payment: $600,000
Inventory: $440,00    
Accounts Receivable
(if included):
$560,000

Annual Sales Volume:

$520,000
Land & Building
(if included):
$N/A Cash Flow:
$145,000
Other Assets: $3,500    
Current Liabilities to be Assumed: $175,000 Terms:  
Current Notes to be Assumed: $none
 

Note: The Brokers have made no investigation or verification of the information presented herein.