Profitable Wholesaler/Distributor!

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$329,900 $471,522

Manufacturing: Non-classifiable

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RE: Profitable Wholesaler/Distributor! Broker: Daz Connell

Quick Facts

Asking Price: $329,900
Annual Revenue: $471,522
Net Profit: Not Disclosed
Cash Flow: $137,724
Total Debt: Not Disclosed
FF&E: $143,099
Real Estate: Not Disclosed
Year Established: 1988
Employees: 7
BBN Listing #: 80394955
Broker Reference #: 3402-14080

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Business Overview:

Profitable Wholesale Distributor of Ice. Owner is retiring so great opportunity for someone looking for a small business to run and grow. The real estate is available also with a 2 family home sharing the property with the business. 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:

A 1500 sq ft building with ice making operations on site. The building is standalone with walk-in freezers, ice making machinery and shop yard for trucks and loading/unloading. The real estate is available with the business and 2 family rental house sharing the location. Assets: $254,449

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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