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Listing Number: 226-20543
Category: Home Based
Asking Price | $140,000 |
Down Payment | |
Gross Revenue | $171,035 |
Total Adjusted Net Income | $71,171 |
Equipment / Fixtures | |
Year Established | 2008 |
General Location | US Online Sales |
This business has access to the finest quality of teas and has a high quality reputation with more than 6,500 loyal clients in the database. There are very few Pu-erh Tea vendors in the US, and this company is considered one of the most trusted vendors nationwide. Alliances with renowned tea masters and the fact that product is sourced directly from tea farmers in China, gives a competitive advantage that assures quality and continuity. Many repeat clientele, and most new clients are coming from word of mouth. The revenue grew 14% in 2020 vs 2019, and Pu-erh Tea popularity has been growing during the last few years. Seller wants to retire but is passionate to remain as an advisor. Inventory is negotiable and could be handled in a consignment deal with the seller.
Gross Revenue | $171,035 | Listed Price | $140,000 |
Total Income | $71,171 | Down Payment |
Inventory | Not Included | Leasehold Improvements | $0 |
Equipment / Fixtures | Other Assets |
Full-Time Employees | 1 | Training Period | 3 Months |
Part-Time Employees | Special License Required | ||
Contract Staff | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.