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Wholesale Distributor & Real Estate
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $22432000
Net Profit / Cash Flow $1814206
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 4 - 5
Inventory Inventory $1000000 - Equipment 50191
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will train buyer for 30 days.
Reason for Sale Retiring
Description The company is an importer and wholesaler of convenient store items serving gas stations, liquor stores, car washes, 99 cent stores, gift shops, pharmacies, mini marts, truck stops, and convenient stores. The company has 4 employees consisting of 1 General Manager and 3 other personnel who's function includes order taking, answering phones, packing & shipping and unloading merchandise. The company has a unique customer base consisting of over 200 accounts who buy on a weekly basis. Approximately 58% of 2008 gross sales were in tobacco and 42% in convenient store items and general merchandise. The company has a large inventory of Air fresheners, auto products, bandannas, batteries, breath freshener candies and gum, can coolers, can openers, wine openers, corkscrews, bottle openers, cigarettes, flavor cigarettes, cigarettes boxes, condoms, dice, dominoes,film. Cameras, games, ginseng, glue, brushes, pocket combs, hair nets, Bobbie pins, incense, scales, key chains, swiss army knifes, lighters, lighter fluid, chap stick, padlocks, Advil, Tylenol, Motrin, Excedrin, Bayer, Anacin, Alka Seltzer, eye drops, cough drops, Vaseline, Hispanic candy, nail clippers, adult magazines and videos, playing cards, razor blades, zig zag rolling paper, toothpaste, assorted vitamins, energy drinks, and many other novel items Price: $7,350,000 including Inventory in the approximate amount of $1,000,000 . Terms $3,000,000 down Seller financing $500,000 SBA loan $3,850,000. Real Estate 3,500,000 available for sale or lease. Contact David Barry 310-279-5133
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