Annual Revenue: $998,484
Net Cash Flow: $181,550
Location: Mercer County, NJ
This well-known Home Craft Hobby Business catering to the beer and specialty alcohol sector provides products and support services to a local and national client base. The Company has experienced strong sales growth and consistently strong operating margins. It has proven operational systems and personnel in place and over 14,000 active emails in its current database. The Company has an established track record of national client retention and enjoys a strong competitive advantage and high brand awareness by providing a one-stop shopping experience offering highly-rated, unique products with high integrity, personalized service and an attractive pricing schedule. The seller’s modern 2,500 SF facility provides a strong base of operations for all aspects of the business with capacity for future growth.
The business is semi-absentee run and the owners work remotely and each dedicate approximately 10 hours a week each to the business. A transition period of up to one year can be provided and ownership is open to the possibility of staying on post-transition in a consultant capacity as they truly want to see the business continue to flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
The business is pre-qualified by an SBA lender subject to buyer’s financials. Seller financing is available.
Growth and Expansion: A new owner could achieve significant growth by leveraging existing relationships and implementing marketing initiatives to significantly expand the online and retail businesses. A modest investment in growth initiatives is conservatively projected to increase annual gross revenue by an additional $500,000 to $750,000 within 3 years.
Facilities:Corporate office warehouse building with available parking
Support & Training:The owners are willing to remain with the company for up to one year to ensure a successful transition. Moreover, owner is open to the possibility of staying on post-transition in a consultant capacity as is needed by buyer.
Reason for Selling:Partnership Divorce
FFE: $35,000 (Included in Price)
Inventory: $125,000 (Included in Price)