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Business For Sale – PDB Sales Inc.

June 8th, 2018 Posted in business
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Big news!

PDB Sales Inc. which includes Starlit Citadel, the Starlit Logistics (our Kickstarter fulfillment brand) and our other online websites is up for sale. After consideration, after over 11 years in this industry, I (Tao) desire to pursue some other projects. As such, rather than just shut down the business entirely, I’d like to see if there is anyone who is willing and able to purchase the business. I’d prefer to sell the entire business (i.e. PDB Sales Inc. corporation) rather than piecemeal, though dependingo n the offer, that might be viable.

What is included in the sale:

  • Websites and backend for online shipping
  • Over 200k of Inventory (book cost)
  • Youtube videos and other graphics
  • Well-trained staff who deal with 95% of everything
  • Documentation on the majority of processes for shipping, kickstarters and more
  • Current lease (expires February 2019 with renewal option for another 2 years)

I believe Starlit Citadel can continue to grow with a passionate owner. Unfortunately, that owner is no longer me. The Kickstarter logistics business continues to grow every year with 0 marketing effort, the retail store does extremely well even in its basement location.

 

Quick FAQs

Are you closing down?

No. The business is going to be open until Feb 2019 at the least. The business is overall profitable, so there’s no reason to shut it down.

What kind of owner is this suitable for?

Realistically, this is a business that works well for those who want to own and run it themselves. While it’s viable to have the professional manager (Paden who is doing a great job) manage it, there is still roughly 10-20 hours worth of backend work that is required a week. In addition, there’s a lot of work that can be done to expand into markets we don’t touch really well (Magic, etc.).

How much do you want?

… as much as possible? Realistically, I’d be happy to discuss with people directly but at a minimum I’d be looking at the cost of the inventory. Most of the inventory is ‘good’ stock and can be liquidated at either cost to customers and the remainder sent for slow resale with a 3rd party business.

If you are interested or know someone who is willing and able to purchase the business, please e-mail me directly at trwong @ starlitcitadel.com.

 

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