Business For Sale

Wholesale Ice Distributor - Over 100 Years

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$305,000 $428,771

Wholesale/Distribution: Non-Durable Goods


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RE: Wholesale Ice Distributor - Over 100 Years Broker: Philip Pearl
Owner Financing is Available!
Some seller financing available to qualified buyers.

Quick Facts

Asking Price: $305,000
Annual Revenue: $428,771
Net Profit: $136,864
Cash Flow: $136,864
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1915
Employees: 5
BBN Listing #: 669433783
Broker Reference #: Not Disclosed

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Business Overview:

This business enjoys a renown reputation for efficiency, quality and reliable customer service. For over 100 years, the company supplies ice to local restaurants, liquor stores and bars. Revenue breakdown: 1/3 delivery route to bars/restaurants/liquor stores; 1/3 walk ins; 1/3 wholesale. Please contact TBC Business Brokers for more information.

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Property Features and Assets:

Equipment valued at $645,000 (NOT included in the asking price): 10-ton ice makers (2), screw conveyor, bag machine, bin to hold ice, tie machine (2), freezers (50), refrigerated trucks (3) and a van. Equipment can be purchased in a number of ways including a lease/purchase. If the buyer is interested in both the business and the real estate (valued at $600,000), then the rent expense would be removed and replaced by real estate tax, resulting in an adjusted profit of $198,516

Market Competition and Expansion:

Owner does very little prospecting, has no wensite, and has no active social media campaign. The new owner should employ these measures.

Reason for Selling:

Owner is relocating.

Additional Details:

  • The property is owned.
  • 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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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.


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