Provider of High-Tech, Co-Branded Promotional Products
For Sale in
Financial & Assets Details
About the Business
Business Description
Southern United States based market leading provider of technology-focused promotional products for distributors and resellers nationally and internationally. The Company prints branding on products including Wi-Fi action cameras, virtual reality headsets, headphones, Bluetooth speakers, smart watches, USB flash drives, writing and mobile accessories and more.
Growth & Expansion
· Increase focus on high margin technology such as action cameras, fitness tracer, other healthy lifestyle wearables, and mobile accessories
· Continue building up in-house product design capabilities
· Increase advertising and sale division
· Continue to find ways to operate more efficiently
· Further expand into educational industry (bookstores and universities)
· Expand into other international markets
· Develop internet platform to increase product awareness of general public
· Become one-stop shop for all promotional needs by growing product offerings into consumer electronics, smart home, Internet of Things, and artificial intelligence market
· Utilize existing design and factory network in product development and production to gain future market strength
Market Competition:
· Operating for approximately 30 years
· Offers wide-range of high-tech promotional products
· Brand/logo pad printing and laser engraving capabilities
· Preferred vendor for many top distributors
· Large and diverse customer base
· Top supplier for branded USB flash drives
· Efficient internal operations and inventory control
Location Details:
Real estate
· The Company leases 15,000 sq. ft. of a 30,000 sq. ft. warehouse/ office facility from a related party. If desired, it can be leased for a negotiable market rate or sold separately.
Headquartered
· Southern United States
Reason for Selling:
Shareholder/owner objectives
· Four shareholders are seeking to reorganize with an acquirer that will continue to foster the growth of the Company. Key stakeholders desire stay on to ensure a smooth transition, while the President wishes to remain and participate in future market expansion.