Grocery Wholesale Distributor Chinese Asian

New York, NY
New York County


Asking Price: Annual Revenue:
$1,400,000 $4,000,000

Wholesale/Distribution: Non-Durable Goods


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RE: Grocery Wholesale Distributor Chinese Asian Broker: Robert

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $4,000,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 61952769
Broker Reference #: Not Disclosed

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Business Overview:

Grocery Wholesale Distributor Chinese | Asian $1.4m 

30 years business NYC area Excellent Chinese | Asian Dry Food wholesaler and distributor.

Greater New York & New Jersey market share with stable client base for upside potential. 

Current warehouse is 25,000 square feet and can be purchased for $3.2 million or leased with 5 year term.

The business sell over 300 different items to Chinese Asian Supermarkets and Grocery Stores in the New York, New Jersey, Philadelphia, Boston, and other east coast locations.

The company has 2 large box trucks and 1 company van.

2018 Estimated Gross: $4,000,000.

2018 Estimated Net: $300,000.

Inventory Estimated $250,000.

Exceptional Opportunity: $1,400,000.

Contact:

Robert

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Additional Details:

  • The property is leased.
  • The owner is not 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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