Wholesale Distributor of Adult Products Listing ID: 9019 Location: Los Angeles, California
Brief: Bring this business into the 20th century and prosper immediately!
Listed Price: $600,000
Total Revenue: $2,446,900
Seller's Discretionary Earnings: $255,444
Fixtures Furniture, & Equipment: $46,550
Real Estate: Available for sale by owner.
Inventory: 100,000 (approx.) - excluded from list price.
Financing / Terms: Seller Financing Available to Qualified Buyer
Business Information
Year Established: 1987
Number of Employees: 6
Days and Hours of Operation: Normal business hours
Relocatable: Yes
Franchise Information: N/A
Facilities / Location: The Company occupies approximately 11,500 rentable square feet of office,
administrative, and warehouse space. Note: If the business premises are purchased, buyer may be required to relocate following the sale, with advance reasonable notice. However, business premises are not a "driver" of the business.
Lease Information
Lease Expiration Date: Business premises currently listed for sale.
Option: Business premises currently listed for sale.
Monthly Rent: Market Rate.
Additional Information
Reason for Selling: Seller retiring.
Business Description: The Company is a reputable distribution business well entrenched in the adult toy
and novelty products industry. In addition, the Company maintains an herbal nutritional proprietary product line of men’s and woman’s sexual intimacy
enhancement supplements. The Company offers a huge selection of adult gags, gifts, party favors, novelties, FDA approved condoms, games, books, oils & lotions, bondage gear, rubber and liquid latex and large variety of vibes, pumps, jelly, dolls and so much more!
Potential for Growth: With a small infusion of working capital, this business would experience immediate growth.
• The staff currently uses MAC computers from 1995
• The business catalog has not been updated since 2002
• The Company relies on MYOB accounting software which is not compatible with sales software and there is no formalized inventory tracking
• The Company website requires a complete redesign in order to facilitate
wholesale sales and cater to the higher margin retail market
• Increased inventory levels would enhance product fulfillment
• The Company needs to rebuild and train its wholesale inside sales team
