Listing Number: 76931-265373
Description
This business offers gift basket creation and shipping to the public and wholesale to retailers or other gift basket re-sellers. The business is the industry's premier wholesale gift basket supplier in addition to being the oldest wholesale drop shipper of gift baskets in the industry today. The business has been operating for over 25 years. Beautiful handmade gifts at wholesale prices drop shipped directly to the retail store or the client’s customer. Customer-friendly with no minimum purchase amounts required, no set up fees, and they offer all the information needed to the client including images and descriptions online. They provide “white label” shipping with the client's desired company name and phone number on the label.
During holiday seasons they offer a tremendous advantage over other wholesale gift basket drop shippers. Many destination areas which previously needed to ship via express to arrive in 3 days or less can now ship via ground and arrive in less than three days at a fraction of the cost. Again, this offers a huge potential for added business during any holiday.
This gift basket business currently offers over 274 different designs, which are available in various sizes. They offer new designs for each major holiday and additional everyday selections throughout the year.
All gifts except for gourmet cookies are created and shipped directly from their facility. This provides a high level of quality control.
The business has a long history of profitability. Revenues for 2022 were $3.0M positive net cash flow of $497K. Currently, the owner manages and oversees daily operations. Business has 12 FT staff. Price includes all fixed assets and inventory of approximately $100,000. Bring your energy to expand this business and take advantage of this opportunity. Sale includes all existing equipment, inventories, contracts, and customer database.
Listing Details
- Price: $ 1,499,000
- Down Payment: $1,499,000
- Sellers Discretionary Earnings: $ 497,000
- Total Sales: $ 2,956,000
- Location: Harris County, Texas
- Inventory: $ 100,000
- FF&E: $ 21,500
- Employees: 12
- Reason for Selling: Retirement
- Category: Distribution
