The company is a well established e-commerce and wholesale distribution business with currently three primary, quality products sold to a niche market for outdoor use; RV, Farm, Industrial and home. The primary product was created and patented by the founder who continues to work the business. All products are top quality and command higher prices than its limited competitors and typically require replacement every two to three years. The products are manufactured overseas, shipped to a 3PL warehouse which handles orders and delivery. The business operates throughout the year, but goods receipt, sales, and deliveries typically occur within a seasonal period of approximately 7 to 8 months. The business has been managed with 3 to 4 employees including the owner. The primary customers range from individual website purchases to national hardware chains, dealerships and Amazon. Sales among the customer base are diversified. At the $3.0 million sales level gross margins have been 50%. Recent Challenges Contact John Dirkmaat - jdirkmaat@tbxllc.com
Exciting sales growth and profits were unfortunately interrupted during the pandemic. Thereafter, the company faced uncertain manufacturing costs due to tariff disturbances. This alarmed its banking partners and caused a reduction to its credit lines and subsequent working capital. Most recently the company has paid off the credit lines and is now offered for sale. A buyer would need to satisfy the factory payable and in exchange for an extended transition, negotiate a long term earnout with the seller.
Other businesses scaling
Remote - can be run anywhere
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The company is a well established e-commerce and wholesale distribution business with currently three primary, quality products sold to a niche market for outdoor use; RV, Farm, Industrial and home. The primary product was created and patented by the founder who continues to work the business. All products are top quality and command higher prices than its limited competitors and typically require replacement every two to three years. The products are manufactured overseas, shipped to a 3PL warehouse which handles orders and delivery. The business operates throughout the year, but goods receipt, sales, and deliveries typically occur within a seasonal period of approximately 7 to 8 months. The business has been managed with 3 to 4 employees including the owner. The primary customers range from individual website purchases to national hardware chains, dealerships and Amazon. Sales among the customer base are diversified. At the $3.0 million sales level gross margins have been 50%.
Recent Challenges
Exciting sales growth and profits were unfortunately interrupted during the pandemic. Thereafter, the company faced uncertain manufacturing costs due to tariff disturbances. This alarmed its banking partners and caused a reduction to its credit lines and subsequent working capital. Most recently the company has paid off the credit lines and is now offered for sale. A buyer would need to satisfy the factory payable and in exchange for an extended transition, negotiate a long term earnout with the seller.
Contact John Dirkmaat - jdirkmaat@tbxllc.com
Other businesses scaling
Remote - can be run anywhere
Available
The company is a well established e-commerce and wholesale distribution business with currently three primary, quality products sold to a niche market for outdoor use; RV, Farm, Industrial and home. The primary product was created and patented by the founder who continues to work the business. All products are top quality and command higher prices than its limited competitors and typically require replacement every two to three years. The products are manufactured overseas, shipped to a 3PL warehouse which handles orders and delivery. The business operates throughout the year, but goods receipt, sales, and deliveries typically occur within a seasonal period of approximately 7 to 8 months. The business has been managed with 3 to 4 employees including the owner. The primary customers range from individual website purchases to national hardware chains, dealerships and Amazon. Sales among the customer base are diversified. At the $3.0 million sales level gross margins have been 50%. Recent Challenges Contact John Dirkmaat - jdirkmaat@tbxllc.com
Exciting sales growth and profits were unfortunately interrupted during the pandemic. Thereafter, the company faced uncertain manufacturing costs due to tariff disturbances. This alarmed its banking partners and caused a reduction to its credit lines and subsequent working capital. Most recently the company has paid off the credit lines and is now offered for sale. A buyer would need to satisfy the factory payable and in exchange for an extended transition, negotiate a long term earnout with the seller.
Other businesses scaling
Remote - can be run anywhere
Available