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Businesses For Sale   >>   Bronx Businesses For Sale   

Incredible Cash And Carry Distribution Business

Location  Bronx, New York, United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $16000000
Net Profit / Cash Flow  $1600000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1992
Number of Employees  10 - 19
Inventory  200000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  General business experience. Distribution and purchasing experience a plus. SELLER WILL COMPLETELY TRAIN.
Reason for Sale  Retirement.

Description  
INCREDIBLE CASH AND CARRY DISTRIBUTION BUSINESS FOR SALE. Established almost 20 years ago the proprietors have grown this small business exponentially. Their core clientele are owner of convenience stores, bodegas, and other small stores. The 28,000 square foot warehouse is well organized and filled from floor to ceiling . The $2,000,000 of inventory includes a wide assortment of non-perishable food items, over the counter drugs, beauty aids and other dry goods. In all they stock over 6000 different items that are routinely purchased by their loyal customer base who come from all over the region. This company carries many items that no other competitor has. All the items are bar-coded and all purchases are recorded on the POS system. In addition the facility is monitored by security camera to prevent theft. The company owns 3 trucks that are used deliveries. Facilities: FULLY OUTFITTED 28,000 SQUARE FOOT WAREHOUSE WITH A 6,000 FT PARKING LOT. THE FACILITY IS MONITORED BY A SECURITY CAMERA SYSTEM AND THE COMPANY OWNS 3 DELIVERY TRUCKS. Lease Expire: 1/24/2015 Option: 5 YEARS Lease Terms: 2% INCREASE YEARLY Lease Security: $42,000 Monthly Rent: $20,973 Market Outlook/Competition: Competition: A leader in its market catering to ethnic markets on items that no other competitor sells Potential Growth: Growth can be attained by adding salesmen to target markets that are underserved.


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