Project Gateway - 2M Revenue Retail Sales Agency

Hennepin County, MN
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Gross Revenue:$1,919,439
FF&E:$159,190
EBITDA:$415,145
Established Year:1990
BUSINESS DESCRIPTION

Project Gateway is a well-established consumer services agency with a focus on helping clients launch their products in major retailers in stores and online across the United States. In operations for over 25 years, Project Gateway Gateway is instrumental in helping new and emerging products find their way into viable marketplaces.

Key Services include: Sales, Account Management, Merchandising, Design & Trend, Sourcing, Logistics, Category Management, and Category Vision, New Business Development, and more!

Project Gateway works alongside major retailers such as Amazon, Target, BestBuy, Nordstroms, and Walmart.

They have grown without any outside equity or debt, maintaining a healthy balance sheet and cashflow.

Annual revenue is forecasted to be $2M in 2024 with $450K ebitda.

Seller is seeking a complete sale of the business and is willing to remain for a short transitionary period.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Hennepin County, MN
Inventory
Not Included in asking price
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Furniture, computers, equipment, & automobiles
Competition
Market is project to improve over the next year.
Growth & Expansion
The e-commerce section of the business is just starting and has a large runway in terms of growth potential. Expansion into new retailers also available.
Support & Training
Seller is willing to stay for a transitionary period to acclimatize new buyer.
Reason for Selling
Owner is looking to retire.
Franchise
This business is an established franchise
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George
Lanza
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George Lanza