Distribution Company
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $1015533
Net Profit / Cash Flow $95000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Inventory 65000 Equipment Only
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will supply a full transitional period to the new operator and will remain post closing for sixty days.
Reason for Sale Retire after many successful years in the industry.
Description Excellent opportunity to own this wholesale distribution company located in Middlesex County, NJ that supplies various retail stores. The owner is retiring after many successful years in the industry and will remain to train and finance the transaction. The products include inventory sold by Dollar Stores, Party Stores, Convenience Stores, food markets, and other miscellaneous retail outlets throughout the NJ NY Metro area. Paper products, cooking tins, plastic utensils and novelty gifts are among the many products this business distributes to retail stores in the US. A consistent 25% markup allows for a generous gross income of $1,015,533 & approximately $95,000 net to the owner. The sale includes two vehicles that deliver all of its products within a forty (40) mile territory to its 175 active accounts. This is a wonderful industry with huge growth potential by instituting a marketing plan and by increasing the product line. This retail business has three employees who are unaware of the pending sale and expected to remain post closing, monthly payroll is approximately $5,900. The sale includes a box truck and van used for deliveries, GPS system, phone system, accounting software, etc and additional equipment required for this industry. The company has substantial private parking available at this location and part of the Commercial lease agreement. The business is active five days per week, Monday to Friday, hours 8:00 am to 4:30 pm. The sale includes a five year lease agreement plus options, 2019/01/01, monthly rent of $3,300, and rent security $6,500. The Company has an inventory of non durable stock, valued of approximately $80,000. As a wholesaler, this company has a huge capacity for growth by adding to its product line and increasing it marketing area. The seller is retiring after many years in the business and will train a new owner operator.
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