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Business For Sale
HIGHLY PROFITABLE GENERAL MERCHANDISE - WHOLESALE
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Asking Price: |
$130,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Year Established:
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1996 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$144,000 |
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Yearly Gross Income:
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$840,000 |
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Monthly Payroll:
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$4,000 |
Business for Sale Overview:
Highly profitable General Merchandise-Wholesale business in Down Town LA.
This very profitable business is located in the wholesale district of down town LA. The merchandise is imported from China and also bought locally are sold to retailers like, Smoke shops, Liquor stores, Mini Marts etc. This business has 1,200 active accounts.
The company also has 5 different web sites with e-commerce capability and sells the same merchandise at retail prices to the public. About one third of the revenue comes from e-commerce and two thirds from the wholesale operations. The business has 3 full time employees for the wholesale operation and 2 part time employees to manage web sites.
Property Features and Assets:
1,500 square feet.
Rent = $3,000 per month.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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