Carafino international for sale?

[windmaker]

http://www.globalbx.com/listing.asp?bId=120026

Carafino Interntional Brand Water Sport Company
Location: United States -> Hawaii -> Haiku
Industry: Retail > Other Retail

Business Summary

Carafino is a well established brand name company of fine water sport products since 2000. With global sales accounts the company has neatly constructed its own manufacturing facility in China 30 minutes by drive from hong kong boarder. Carafino is a U.S.A. Corporation in hawaii, with a factory in asia, 12 employees producing surf boards and kite surfboards. International sales are shipped from factory to customers aboard. Current asking price is $335,000 usd. Owner will stay on for 90 days to train and consult as required. Email or call Chris Mango Carafino at 1.808.870.9073 for more information on this Water Sport Company for sale. Company is stable and not in distress.

Financials

Asking Price Range: $250K - $500K
Gross Revenues: $204,000
Cash Flow: $70,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: Yes

About The Business

Year Established: 2000
Number of Employees: 10 - 19
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Will provide training and support / consulting.
Reason For Selling: Company growth overwhelming for owner. Company not in distress.

[sunrise]

This is a bit of a giggle Carafino is bust you only have to look http://www.carafinouk.com/indexcara.html
and http://carafino-conman.com/
to see why.
Mr Carabello should not be trusted to do anything other than take your money under false presence and give nothing but heartache and a smaller bank account.
The valuation is based on what he owes customers and the company is not in distress because Mr Carabello does not give a shit who he rips off