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Los Angeles County

  • Listing No.: 130-00138

  • Category: Wholesale

Asking Price $69,000
Down Payment $0
Gross Revenue $267,079
Total Adjusted Net Income $28,800
Equipment/Fixtures $5,000
Year Established 2008
General Location Los Angeles County
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10-yr. old international wholesaler of optical frames for sale! The Business specializes in wholesaling a wide variety of optical frames to various retailers in the U.S. and Latin America. The Business is well-established, and it owns five different branded lines of optical frames that are included in the sale. The Business owns trademarks in the U.S., Peru, and Brazil. The Buyer does not need any design experience, as Seller can introduce Buyer to vendors who can help design new products going forward. Products are manufactured in China, and all manufacturers are FDA registered and conduct business in English. There is growth potential for a business operator. Inventory is not included in the asking price and must be purchased separately by Buyer. On average, the Business carries approximately $150K in ACTIVE inventory. This opportunity is perfect for an existing wholesaler to expand into optical products! Seller is selling due to health reasons and retirement. Inquire now! Please email inquiries.

Gross Revenue $267,079 Listed Price $69,000
Total Income $28,800 Down Payment $0
Base Rent $1,845 Square Feet 1932
Total Rent $2,038 Lease Expiration 12/2020
Rent Deposit $2,209 Lease Options
Inventory Not Included Leasehold Improvements
Equipment/ Fixtures $5,000 Other Assets Registered Trademarks in US, Brazil, Peru
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 0 Special License Required FDA- Optical Importing / Import/ Customs / Business License
Contract Staff 0 Reason for Selling Retirement & Health Issues

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.