Wholesale Distribution Company
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $1142000
Net Profit / Cash Flow $90000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory 150000 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 The owner has elected to retire after many successful years in the industry.
Description Wholesale Distribution Company located in Middlesex County, NJ that supplies various retail stores. 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 $1,142,226 and approximately $90,469 net to the owner. The sale includes two vehicles that deliver all of its products within a fifty (50) mile territory to its 225 active accounts. This is a wonderful industry with huge growth potential by instituting an advertising plan and by increasing the product line. As a wholesaler, this company has a huge capacity for growth by adding to its product line. The seller is retiring after many years in the business and will train a new owner operator. Based on the asking price, required down payment and net income this business should supply a 30% return to the owner operator prior to debt service. The facility consists of 7,000 square feet located in a modern commercial complex with numerous other wholesale companies. The facility has a loading dock, private office, 25 foot ceilings and is fully equipped with fire sprinkler systems. This business is centrally located in Middlesex County, New Jersey and conveniently near to various state highways.
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