Thriving Closeout and Liquidation Business
Boise, ID
| Asking Price: | $1,300,000 |
| Gross Revenue: | $1,370,000 |
| FF&E: | $100,000 |
| Cash Flow: | $350,000 |
| Inventory: | $500,000 |
| Established Year: | 2024 |
Listing ID: 2315680Listing provided by BizBuySell
BUSINESS DESCRIPTION
The company specializes in acquiring surplus, overstock, and slightly damaged goods for pennies on the dollar and reselling them below retail. Leveraging a robust online presence through social media, auction platforms, and a website, the business attracts bargain hunters and drives significant sales. This is a fast-growing business with a proven model for success. The company operates three strategic warehouse locations in Idaho.
In just seven months, the business has achieved $1.37M in revenue and a net income of $350K, boasting a 75% gross profit margin. Owners are willing to finance up to 50% of the selling price and will assist in a smooth transition.
DETAILED INFORMATION
Location
Boise, ID
Inventory
Included in asking price
Real Estate
Leased
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All 3 locations are leased facilities. The inventory is at sellers cost. Because of the difficulty of counting and valuing the inventory, no adjustments can be made at closing.
Growth & Expansion
The company has the potential to expand by opening additional warehouses in markets with favorable population trends and demographic support.
Financing
Up to 50% of the selling price.
Support & Training
Owners are willing to train and transition for term to be negotiated.
Reason for Selling
Pursuing Other Business Interests
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