Profitable Wholesale Biz With Large Warehouse
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $913600
Net Profit / Cash Flow $236077
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 275000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Moving to the West Coast
Description Established in December, 2010, this wholesale business sells a variety of products including hookahs, pipes, novelties, gifts and T-shirts to its retail business customers. The company has grown to over 250 clients. $200,000 in inventory is included in the purchase price. Warehouse is 2700SF +, fully stocked with over 1500 line items, and includes an office, restrooms and an attractive double entry door. There is an in-bound stocking area, a checkout counter, 4 aisles with shelving units for products and an additional area for customer self-shopping. POS system includes complete inventory control with daily read outs on Net & Gross Sales, Cash & Credit, number of transactions, item description, stock count and scanning for entry of containerized receiving items. Security cameras, alarms and other security measures installed. Business has a Web Site for online product selection, 16 page catalog, located in a major Houston Metro Import district and holds a tobacco products wholesale permit. Seller will train and provide key supplier contacts for India, China, Indonesia and Malaysia. Seller financing available on inventory subject to acceptance of buyer. Please refer to CBB Listing #7713TP
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