Advertising Pieces and Ornaments: Wholesale, Mfg., Advertising Specialties

Resized
  • Listing# : 13228
  • Listed Price : $270,938
  • Total Sales : $240,816
  • SIC : 7389
  • Down Payment : $270,938
  • Status : Expired
  • Discretionary Earnings : $107,163

Business Type :

Advertising / Advertising Specialties; Wholesale / Wholesale Fashion Accessories; Manufacturing / Mfg-Giftware Products

Business Description :

Owner is ready to retire. Business could be run from anywhere selling an assortment of wildlife and antler mementos. Hand carved and painted artwork that is then molded and cast for mass production ranging from ornaments, advertising specialty pieces, cast antler wine racks, organizational fundraising pieces. The current owners are very talented artists. They would like to continue to design artwork and collectables for the buyer and will do so for a 5% royalty on anything that they design for the buyer. The owners are ready to retire.
Profit and Loss reflects a 20% reduction in gross revenue to reflect joint sales of hand made knifes. Owner takes hand made knifes to various events and sells the knifes. The owners have not carved the knifes out as a line item in the P&L. Owners estimate that knife sales are much smaller, but the revenue was removed to err on the conservative side and give the most realistic picture of revenue. Buyers will want to review financials and verify any estimate with the Sellers. 
Would be a perfect fit for a military commissary in addition to the ever fold of Christmas ornaments and advertising pieces. 



Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $119,390
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $5,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $124,390
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Advertising Wholesale Manufacturing