Business For Sale

Wholesale Distribution Company

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$350,000 $1,079,586

Wholesale/Distribution: Durable Goods


Request More Information
Contact the Seller

RE: Wholesale Distribution Company Broker: Ron Cervelli
Owner Financing is Available!
Is available to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,079,586
Net Profit: Not Disclosed
Cash Flow: $99,800
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 37183909
Broker Reference #: DIST200

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Excellent opportunity to own this wholesale distribution company located in Middlesex County, New Jersey that supplies several types of retail stores. The owner is retiring after many successful years in the industry and will remain to train and finance the transaction. The products include inventory sold by Dollar Stores, Party Stores, Convenience Stores, food markets, and other miscellaneous retail outlets throughout the NJ NY Metro area. Paper products, cooking tins, plastic utensils and novelty gifts are among the many products this business distributes to retail stores in the US. A consistent 25% markup allows for a generous gross income of $1,079,586 & approximately $99,800 net to the owner. The sale includes two vehicles that deliver all of its products within a forty (40) mile territory to its 175 active accounts. This is a wonderful industry with huge growth potential by instituting a marketing plan and by increasing the product line. As a wholesaler, this company has a huge capacity for growth by adding to its product line and increasing it marketing area. The seller is retiring after many years in the business and will train a new owner operator. This retail business has 2 employees who are unaware of the pending sale and expected to remain post closing, monthly payroll is approximately $5,900. The business is active five days per week, Monday to Friday, hours 8:00 am to 4:30 pm.The sale includes a five-year lease agreement plus options, 2019/01/01, monthly rent of $4,500, cost of square foot is $8.30 and rent security $6,500. The business has been valued at $350,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Based on the asking price, required down payment and net income this business should supply a 30% return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.

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.

Property Features and Assets:

This business is centrally located in Middlesex County, New Jersey and conveniently near to various state highways. The facility consists of 6,500 square feet located in a modern commercial complex with numerous other wholesale companies. The facility has a loading dock, private office, 25-foot ceilings and is fully equipped with fire sprinkler systems.

Market Competition and Expansion:

This is an isolated industry and minimal competitors exist in this business area, seller will supply a non-compete agreement to the purchaser. The owner has no marketing systems in place, does not have web internet presence and by instituting a basic marketing plan the business can be substantially developed.

Reason for Selling:

The owner has elected to retire after many successful years.

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!