Owner Financing is Available!
Business Overview:
Profitable wholesale distribution company of Non Durable products located in Northern New Jersey. The business has a gross income of $1,300,000 and a solid net yearly income of $175,000. The seven year old business has a large volume of consistent customers within a fifteen mile area of Northern New Jersey. The customer base
consists of Food markets, dollar stores, discount stores, pharmacies convenient and Deli stores, laundromats and many more. The product menu consists of basic items primarily for home use to the general public. The business has approximately 600 customers that they service, seventy percent of the products are delivered and thirty percent is cash and carry. The business has a consistent gross profit margin of twenty five percent. The facility consists of a 8,000 square feet warehouse centrically located near numerous state highways. The business sale includes a 16 foot commercial truck, a huge volume of shelving, professional office, point of sale and computer system and all the required accessories to maintain this wholesale distribution business. Private customer parking is on the site and part of the lease agreement. The business operation consists of 5 1/2 day with hours from 9 am to 5 pm. The business
has municipal of Certificate of Occupancy to operate at this facility. This sale offers a corporate five year lease term with a monthly rent of $4,100. Seller will supply a fifty mile ten year non compete agreement to the new owner. The business has three employees that are expected to remain post closing.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility consists of 8,000 square feet in a commercial warehouse that is designed for customer cash, carry and pick up business. The company has two modern professional offices which are designed for customer service. The business is conveniently located in Northern New Jersey, Passaic County in an urban area close to all major highways.
Market Competition and Expansion:
This wholesale distribution industry consists of competitors throughout Northeast. With an aggressive marketing plan the business can be highly improved. Also, by adding additional products more customers can be obtained increasing gross sales.
Reason for Selling:
The seller is retiring from the industry after man
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.