Salvage & Liquidated Merchandise Wholesaler
Tennessee
| Gross Revenue: | $4,900,000 |
| EBITDA: | $343,000 |
Listing ID: 2127138Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a liquidity services marketplace where professional buyers can purchase retail surplus inventory assets. It provides a single-source solution to retail, mail order and manufacturing entities with problem inventories resulting from closeouts, excess merchandise, and customer returns.
The Company sells to auctions, wholesalers, bargain dealers, retail stores, flea marketers, exporters, and directly to customers over the Internet. Bulk lots are sold by the truckload, pallet, or small package, and conditions range from new in a box to customer returns and used. The Company’s wide variety of product categories include tools, apparel, computers, electronics, housewares, collectibles, food, toys, and more.
DETAILED INFORMATION
Location
Tennessee
Inventory
Not Included in asking price
Competition
Strong Client Relationships: The Company is proud of its strong ties to clients and reputation for quality work and client service. Evidence of these relationships is shown in the 70% rate of repeat business, as well as the fact that the majority of revenue is from referral-based business.
Growth & Expansion
Outstanding Growth Opportunities: There exist several opportunities for the Company to significantly increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Support & Training
Industry Expertise: In addition to the principal’s extensive industry experience, many of the Company’s key employees also have significant industry and product knowledge. This wealth of experience and expertise provides the Company with a significant intangible asset and advantage over many regional and national competitors.
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