#1289-Distributor of Designer Products in So NJ

Not Disclosed, NJ
Camden County

Asking Price: Annual Revenue:
$695,000 $1,220,000

Wholesale/Distribution: Durable Goods

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RE: #1289-Distributor of Designer Products in So NJ Broker: Benjamin Ross Group

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,220,000
Net Profit: Not Disclosed
Cash Flow: $254,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 3408342
Broker Reference #: #1289

Email or Print Listing

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Business Overview:

A distributor of designer products with repeat customers in South Jersey is for sale. A person with sales and/or general management experience can easily grow this business to the next level. No technical experience is required. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $73,000 as a down payment, and based on historical data, would make $167,000 in the first year after paying back the loan. The bank financing includes a line of credit of $150,000 which can be used as working capital.

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Reason for Selling:

Owner looking to pursue other interests.

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.

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