Asking Price: $495,000

Gross Revenue: $940,000

Gross Revenue Comments: 2006

Cash Flow: $124,000

Cash Flow Comments: 2006

Inventory: $179,000 (Included in Asking Price)

Real Estate: $25,000 (Included in Asking Price)

Seller Financing: SBA Qualified Business

Absentee owner opportunity. 80% of product line is sold to distributors in Asia and Middle East. 20% of business is sold to retailers in Southern California. Approved for distribution of products in 6 Asian and Middle East countries. All ingredients are made in the U.S.A. Export Business growth will occur with more customer support, adding additional distributors and countries. Only one distributor exists for each country.

This is a great niche Company established since 1963. The current owners have owned the business for past twenty years. The owners live in a retirement area and commute one day a week to the office. Looking to retire.

The company buys in bulk vitamins, herbs, diet products, minerals, personal care products and health food supplements from long term quality US manufacturers and repackages the products for sale under their label and private labels. Great opportunity to expand into branded distribution.

The company is licensed with the FDA and meets all the requirements. It passes FDA inspections annually. It meets all lab analysis standards for quality, packaging and labeling standards and certifications from each country that it sells product.

The company has 6 employees. One in office/accounting/customer service, one in sales to Southern California pharmacies and four in packaging of the product. All employees have been employed for more than ten years. The building is nicely located in an industrial park in Southern California with 4,300 square feet at $3,809 per month on a month-to-month basis. The landlord is willing to sign a long term lease.

Financing: SBA Qualified - Seller wants all cash. The owner is 72 years old and wants to retire completely. Seller will provide 4 weeks of training. Additional consulting can be considered for additional cost. The fair market value of equipment and office is $25,000 and inventory of $179,182, which is included in the asking price of $495,000. This is an asset sale. It’s preferred that the Buyer have some chemistry background or education and be able to comprehend and manage packaging and labeling requirements for each country.

Year Established: 1963

Employees: 6 full time -

Relocatable: Yes

Facilities: 4,300 square feet

Management Training and Support: Excellent

Reason For Selling: Retirement