Paper & Plastic Distributor in Brooklyn NY - 32316

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$2,200,000 $12,000,000

Wholesale/Distribution: Non-Durable Goods


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RE: Paper & Plastic Distributor in Brooklyn NY - 32316 Broker: Mel Vaz

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $12,000,000
Net Profit: Not Disclosed
Cash Flow: $840,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 11
BBN Listing #: 62074447
Broker Reference #: 32316

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Business Overview:

High Volume Paper & Plastic Packaging Distributor. This business was built from scratch by the current owner in 2008. Since then it has steadily grown. They provide paper and plastic packaging material to clients throughout the tri-state area (NY, NJ, CT and a few clients in PA & MD). The vast majority of customers come and pick up. The business has several hundred customers. The inventory is located in two warehouses (6,000 square feet and 10,000 square feet) leased for a total monthly rent of $26,500 per month. The sale price includes all accounts and equipment (one delivery truck, forklifts, pallet jacks). THE SALE PRICE DOES NOT INCLUDE INVENTORY OF Approximately $1.3 MIL. THERE IS NO WEBSITE OR SALES TEAM. That is a tremendous growth opportunity. The business operates Monday - Friday 8:45am-5:30pm, Sat. 8:45am-4pm, CLOSED Sunday. In the past year the business grossed approx. $12,000,000.00 with a net income of approx. $840,000.00. THE SELLER WILL PROVIDE FULL FINANCIALS IN FACE TO FACE MEETINGS ONLY. The owner is willing to stay on for some time to aid in a smooth transition. ALL CANDIDATES MUST PROVIDE PROOF OF LIQUID FUNDS FOR AT LEAST $3.5 mil. ($2.2 mil. asking price plus $1.3 mil. in inventory) PRIOR TO SPEAKING WITH THE OWNER OR OBTAINING THE BUSINESS ADDRESS. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY! Please use email reply button of this ad to contact us.

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Reason for Selling:

Divesting

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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