Recession Proof General Merchandise Wholesaler

Not Disclosed, VA


Asking Price: Annual Revenue:
$399,000 $6,712,732

Wholesale/Distribution: Non-Durable Goods


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RE: Recession Proof General Merchandise Wholesaler Broker: Rupesh Bharad
Owner Financing is Available!

Quick Facts

Asking Price: $399,000
Annual Revenue: $6,712,732
Net Profit: Not Disclosed
Cash Flow: $200,272
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 153643891
Broker Reference #: 9525-657672

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Business Overview:

Well Established Wholesale & Distribution Company located in Virginia with excellent books and records from tax returns. This business carries and distributes general merchandise such as dry foods, Tobacco, Cigarettes, etc. Many solid and repeat clientele with well-trained staff in place.Good opportunity for the right person to smoothly transition into this existing and profitable business, organizational skills, and marketing background.

Strong market share with a stable client base for upside potential.

The current warehouse is 6,400 square feet with a very low rent of $3,970 (includes water, real estate taxes, and sewer), and a long-term lease.

The company has a vehicle included as part of the sale.

2019 Estimated Gross: $6,712,732 and on target of $9 Million in sales for 2020 (34% increase),

2019 Estimated Net: $200,272

$399,000 + Inventory (Approximately $500,000) = $899,000 (Approximately)
Down Payment: $500,000 (Value of actual inventory)

This company has a high rate of client satisfaction. The hours are from 10 am - 6 pm Mon-Fri.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

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