International B-2-B Distribution Company
Price: $9,150,000
Annual Revenue: $10,000,000
Net Cash Flow: $1,600,000
Industry: Distribution
Location: New Jersey
This leading distribution company has been offering a treasure trove of unique products for over 30 years. From semi-precious stones and minerals to fossils, home decor, and handcrafted jewelry, they supply a diverse clientele across the globe.
What sets the company apart is:
- Direct Sourcing and Quality Control: The owners travel the world, building relationships with trusted mines and factories, ensuring exceptional quality and competitive pricing.
- Unique Product Range: Their in-house design team, boasting over 60 years of combined experience, creates exclusive products you won’t find anywhere else.
- Loyal Customer Base: They’ve built strong relationships with repeat customers, with the top 3 contributing 32% of annual sales – a testament to their commitment.
- Sustainable Practices: They prioritize environmental and social responsibility, making them a perfect partner for eco-conscious businesses.
The company has a proven marketing strategy that leverages its existing website, SEO, Magazine Advertising, and trade show presence. Established Clientele makes up a loyal customer base with recurring revenue.
Although there are existing target customers, expansion further could include Home and Garden Stores, Real Estate Stagers, Spa and Wellness Businesses, Metaphysical Shops, Museums and Educational Institutions, and others.
The company operates from its 35,000 sq. ft owned building which the owners are willing to lease to a new buyer and the owners are supported by 8 salaried employees. It is passionate about sustainability and integrates eco-friendly practices throughout its business.
The owners are ready to transition out of the business after 30+ years and are amenable to assist in transition and product development for two years with compensation to be determined.