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Incredible Cash And Carry Distribution Business
Location 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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