Liquidation of leather, wool, & gift shop inventory + equipment
| Asking Price: | $595,000 |
| Established Year: | 1998 |
This business inventory and warehouse lease is ready to be assumed by a distributor, online reseller, or gift shop with a strategic distribution center. The company warehouses leather products and sells wholesale to gift shops and online resellers. They currently have over $575,000 in wholesale inventory that is ready to bring in nearly a half a million in profit.
The inventory is primarily Australian sheepskin, leather, and wool with slippers and carseat covers, carvings and tourist trinkets as the most popular products sold. Their super comfy, luxurious slippers are lined with genuine sheepskin and some feature a molded soft rubber sole that wraps high enough to provide excellent outdoor protection.
The company has a unique source for these products with Australian sheepskin. This would be a nice line to add to an existing online reseller. Healthy margins of 35% markup with shipping and handling. Currently run by the owner and one employee who is willing to stay as needed.
The business sold $200K in 2019 at wholesale and has been winding down preparing for liquidation. It can easily be re-established as a warehouse, online sales, or Amazon reseller.
ASSETS include:
Inventory of leather, wool and giftshop items
On Hand Supplies
Dell Computer
Misc Small Tools
Forklift
Roller Step Ladder
Metal Racking
Total Value: $3,388.00
Warehouse can be leased or buyer may have the option to purchase the building.
Buyer will need to establish their own insurance policy.
