Wholesale & Retail Distribution Of Arts And Crafts For Sale

Business description

This unique distributor of arts and crafts products located in Southern California has a 35 year history of customer service that is unequaled. Their business is comprised of local artists, primary and secondary schools, colleges and universities as well as technical and fabricating companies with a total overall mix of 2/3 wholesale and 1/3 retail. They represent 29 companies and have dealer relationships with 16 more. They have had consistent sales of around $1M annually for the last five years that has translated to over $200K in owner benefit in each year but one. The company has been able to do this with just 3 employees.

Property information

Premises details:

They have for many years occupied a 4,000 sq ft building that the owner leases back to himself. The facility is presently completely utilized. The owner is prepared to offer a favorable lease. However, the business isn’t site sensitive so it is relocatable.

Size in square feet:

4,000

Other information

Expansion potential:

Presently this company has one location, but is scalable if desired. The present management has purposely held the business back so they would have less headaches. The present size is in their comfort zone.

Competition / Market:

Local competition does not exist. Any companies that have tried to compete over the last 35 years have closed their doors because this company has captured this market and their customer service is so good that their customer base doesn’t want to try anything new.

Support & training:

4 weeks @ 30 hours per week

Reasons for selling:

Pursue Other Interests

Trading hours:

The hours are 8 – 4, Mon – Fri

Owner financing:

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

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)