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- RE: Manufacturing Distribution Retail Business
- Contact: Eleanor Murray
Quick Facts
| Asking Price: | $2,150,000 | |
| Annual Revenue: | $4,313,000 | |
| Net Profit: | $530,000 | |
| Cash Flow: | $530,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1880 | |
| Employees: | 13 | |
| BBN Listing #: | 793917398 | |
| Broker Reference #: | 1507 |
Business Overview:
Manufacturing, distribution and retail business for sale in Atlantic County, NJ! Established since 1880 with the same owner the last 52 years. 13 full time employees while in season. The business has a factory and six retail locations currently. Mail order can be grown with new buyer. All products made are delivered from their own trucks. With $500,000 down, for qualified buyers with collateral, seller will hold note.
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Property Features and Assets:
12,500 square foot factory with 6 retail locations.
Market Competition and Expansion:
Factory laid off Jan 1 thru March 31. Four stores are closed Jan 1 thru April 30. 2 stores are open year round. Office never closes. 5 year lease with 5 year option. Expires 2033.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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