Owner Financing is Available!
Business Overview:
Wholesale Distribution Company located in a prime area of
Middlesex County, New Jersey 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 New Jersey, New York Metro area. Paper products, cooking tins, plastic utensils and novelty gifts are among the many products this business distributes to retail stores in the United States and overseas. A consistent 22% 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 99% of its products within a fifty (50) mile territory to its 250 active accounts. This is a wonderful industry with huge growth potential by instituting an advertising plan and by increasing the product line.
Additionally this industry is negatively affected by the changing market conditions due to the modest cost of the products. The seller is retiring after many years in the business and will train a new owner operator.
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 located in a modern commercial setting with various wholesale companies. The facility has a loading dock, private office, 25 feet ceilings and is fully equipped with fire sprinkler systems.
Market Competition and Expansion:
This is isolated industry and minimal competitors exist in this business area.
Growth/Expansion: The owner has No marketing systems in place, does not have internet presence and does not have a web site. By instituting a basic marketing plan the business can be substantially improved and developed.
Reason for Selling:
The owner has elected to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.