Wholesale Distribution Business
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $715000
Net Profit / Cash Flow $105017
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain post closing and supply a long term transitional period.
Reason for Sale The seller is retiring from the industry and relocating out of the general area.
Description Wholesale Distribution business supplies various retail stores such as delis, food markets, dollar stores, discount stores, pharmacies, convenience stores, Laundromats and many more within a 12 mile radius . The 7 year old business located in Northern NJ, generated a 2012 gross income of $715,000 and a solid net yearly income of $105,017. The product menu consists of basic items primarily for home use to the general public. The business has approximately 600 customers that they service; 70% are delivered, and 30% is cash and carry. The business has a consistent gross profit margin of 25%. The facility consists of a 7,000 square foot warehouse centrically located near numerous state highways. The business presently has no form of marketing, which if instituted, can substantially improve the businesses income. This is a solid business and an excellent opportunity, a must to see to fully appreciate.
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