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Listing ID: 2996998

Home Based Basket Import and Sales Business For Sale

Orange City, Orlando, Florida, United States

$ 15,000

Revenue: $ 121,730

Cash Flow: $ 22,000

Business Description

My Bolga Baskets works with and imports from various weaving groups and suppliers in several countries in Africa. The business was established in 2004 and operates as a home based business with sales on the Web (45%), local upscale farmers market (38%) and four annual 1-2 day craft shows (17%). The business grossed $122k+ in 2017 and nets out $22k (increased end of year inventory - 7%, cash on hand - 46%, labor - 47%).

Owner loves this business but is retiring for health reasons. visit the web site to get a look at how interesting and fun this business can be. If you like baskets, colors, creating new products, photography, selling and marketing then this may be worth checking out. At this stage of the business it is excellent for providing a modest income for a small investment and is ideal for a home based business, however it could easily be grown to a higher level. The business includes established and reputable suppliers/manufacturers in Africa (Ghana and South Africa provide the bulk of the products).

Please contact us for more details.

Property Details

Size:

800 sf for inventory + home office

Years Established:

14

Inventory Value:

$ 35,000

Other Details

Business Location:

Central Florida, however it is easily relocated

Premise Details:

Home based

Competition:

None for local sales. Website, however has several companies competing in selling of African made baskets

Expansion Potential:

weaving groups are capable of increasing the supply and prefer to do so. The business has steadily increased since its inception and can go to higher levels, ie: could provide wholesale, increase sales on the Web, Brand and sell for higher prices, etc

Operation Details

Employees:

1 to 4 contract temp help

Trading Hours:

8-6

Support & Training:

Guidance, shaddowing, processes, training

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Time to retire...health reasons

Contact this seller

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