Total of 18659 firms and businesses for sale today Saturday 11th May 2024
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Business For Sale. Importer Wholesale And Distribution

LISTING DETAILS
Firms For Sale ID:
10235
Vendor reference:
925651
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$5,500,000  
Turnover / revenue:
$575,700
Net profit / cashflow:
$5,010,500

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This wholesale distributor was started by a partnership 3 years ago and sells very unique health and sports accessories. Their products mainly consist of necklaces and bracelets made of magnetic minerals. The magnetic energy in these accessories is thought to increase one';s well-being by the absorption of minus ionic charges throughout the human body, which will balance the electrical ionic charges into its neutral state. Plus, ions are unintentionally absorbed into the body through everyday activities such as talking on a cell phone, which can negatively alter one';s state of being leading to a loss of daily productivity. This product is pending FDA';s approval. The products were invented and made in Japan. A US patent has been taken out for these products. The popularity of this product is now rapidly expanding all over the world and China is now growing to be its largest market. The business being sold operates in Canada, Mexico and the United States. This distributor has over 40 sales representatives and 2,000 retail shops throughout the US. The channels of distribution have already been established in the US after three years of operation and it is now easy for a new owner to operate.For more information, please contact Nobuko Isoda at (310) 539-8300.