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Wholesaler of High Quality Kitchenware and Household Products

                       Direct Sales Marketing Organization



Years Established 63 Years
Under Present Ownership 46 Years
Number of Employees 31 (approx, including officres)
Rent Headquarters building available for lease on negotiated terms
Asking Price $4,900,000
Gross Sales 2009 $3,967,100
Cash Flow 2009 $    818,200
FF&E $    250,000
Inventory $1,387,900 (as of 12/21/09)
New Receivables $5,571,000 (as of 12/31/2009)
Reason for Selling  Management would like to retire

 
 

Company markets high end cookware and household products through a contractual network of approximately 220 Authorized Dealers.  Customer sales are financed through an in-house financing program.

The company has a 63-year track record of performance, an established network of motivated Dealers, excellent, high-quality products with exceptional margins, and an established brand name in the direct sales marketing.

The company offers these growth opportunities to an acquirer: (a) Expansion in the western United States and internationally; (b) expansion of the existing product lines and the addition of complementary products; and (c) expansion of financing business to smaller competitors.

An acquirer with solid management and marketing skills will be able to expand as outlined above plus the company can become more profitable by being more aggressive in expense control to improve operating margins.             

 

 
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