Business For Sale

Wholesale Ice with Property- Over 300 Customers

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$747,900 $451,642

Manufacturing: Non-classifiable

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RE: Wholesale Ice with Property- Over 300 Customers Broker: Daz Connell

Quick Facts

Asking Price: $747,900
Annual Revenue: $451,642
Net Profit: Not Disclosed
Cash Flow: $104,159
Total Debt: Not Disclosed
FF&E: $143,099
Real Estate: $399,000
Year Established: 1988
Employees: 7
BBN Listing #: 80394955
Broker Reference #: 3402-14080

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Business Overview:

A successful Wholesale Ice Distributor plus Real Estate! The business has been making ice and delivering it to commercial customers for nearly 30 years. With over 300 accounts in central and northern NJ, trucks go out daily to stock ice bags at various retail, construction and corporate locations. The business also maintains ice boxes at certain preferred accounts. If you like wholesale or distribution businesses and are looking for a growth opportunity this is it. The business is primed for growth with a good operator coming in to run the daily operations. Mainly seasonal business so you can choose to take winters off! Don't miss out- Inquire now! Rental Income as well!

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Property Features and Assets:

The Real Estate is included in the price of the sale. The building is standalone with walk-in freezers, ice making machines, office, all equipment and a shop yard for the trucks. Additionally, the Real Estate includes a 2 family house with good leases in place for rental income. Assets: $653,449

Market Competition and Expansion:

Most of the competition is well established in the New Jersey market. Wholesale ice distributors rarely come up for sale so this is your chance to own one. A high barrier to entry so competitors are well established. By adding sales and marketing this business is primed to grow. Can easily be expanded into new markets outside of current territory.

Reason for Selling:

Owner is retiring due to health issues.

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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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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