List Price: $1.3M

Established Wholesale & Distribution Business

Sold - Metro Vancouver List Price: $1.3M

Gross Sales: $1,163,817
Adjusted Net Income: $362,872
Furniture Fixtures & Equipment: $30K (included in purchase price)
Inventory: $100K (included in purchase price)

Excellent opportunity to acquire this established, Vancouver based, wholesaler and distributor of inflatable leisure products to some of the largest retailers in North America. Since 2008, the company represents one of the world’s largest manufacturers of inflatable leisure products. The company services exclusively all customers in Canada, and named accounts in the USA, and Mexico. The business markets these products throughout North America and has an excellent account base of year-to-year customers and it has been a Vendor of record and on the approved Vendor list to companies such as Costco USA, KMart USA, Loblaws Canada, Rite Aid, Aldi, Walmart Mexico, Aldi USA, London Drugs Canada for many years.

The four main product lines are: (1) Standup paddleboards & sports boats (2) beach toys (3) airbeds, and (4) swimming pools and spas. The company has also entered into a new agreement to sell a lineup of high-quality outdoor play structures and trampolines. This new program will begin in 2022 and will include drop shipping to the end-user customers of Costco, Lowes, Home Depot, Indigo and Walmart. This additional product line is expected to contribute a significant increase to its overall revenue stream and profitability.

The ideal investor/owner is one who would bring with them strong sales, marketing and advertising background. The Company has an established a thriving client base of both large and medium size retailers throughout North America. It has a built team of effective and motivated sub-agents who are equally determined to increase revenue and deliver exemplary client service. Stand-Up Paddle boarding is one of the fastest growing water sports in North America and the company is well positioned to grow with it. With the company’s proven shipping & logistics infrastructure, the new owner can take advantage of reduced pricing, and strong relationships as well as allowing the opportunity to source and introduce new product lines to an existing channel. There is also an incredible opportunity to establish and stronger on-line sales model for direct-to-consumer by creating a new in-house ecommerce site along with growing its presence on Amazon via ad-word campaigns.