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Import and Distribution business- Orange County

$4,250,000Orange CountyListing: #LA3859

Orange County businesses for sale 



Transportation & Warehousing businesses for sale

About this business for sale

Import and Distribution business- Orange County

This business was established over 22 years ago. They import small electrical appliances from China under their own brand name and sell to places like Lowes, Home Depot, and Walmart etc. Annual sales is over $10 million. The asking price of $4.25 million includes over $3 million in inventory, about $1 million net in accounts receivable and about $200,000 in cash in bank. This reduces the effective asking price to about $3 million. The ideal buyer would be someone familiar with import business from China and be able to communicate with Chinese manufacturers and also deal with customers in USA.

Reason for sale is retirement. Seller is 68 years old. He is willing to stay on for a period of time to work at buyer’s option. No bank loan would be needed for this transaction. $1.5 million down and seller will carry a large NOTE for the balance for a 5 year period.

For more information please call Ved at (714) 904-8457

Los Angeles
(310) 539-8300
(714) 904-8457

Ved Sajnani