Forty Yr. Old Wholesale For Sale-28584

Monmouth County, NJ
Monmouth County

Asking Price: Annual Revenue:
$3,200,000 $4,800,000

Wholesale/Distribution: Durable Goods

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RE: Forty Yr. Old Wholesale For Sale-28584 Broker: Syed Ahmed

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $4,800,000
Net Profit: Not Disclosed
Cash Flow: $413,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 23754447
Broker Reference #: 28584

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Business Overview:

This forty years old whole sale tiles and distribution business is located on one of the busiest routes in New Jersey. Three brothers own it, and they are too old to run it. The youngest one is willing to stay with a new buyer, and is willing to give him 50% of partnership until a new buyer is fully conversant and equipped with the running of the business. The business has a huge list of retail clientele who are with this wholesale tiles business for over thirty years. Its name is well-respected and highly-recognized in the tiles industry. For a new buyer, It is once in a life time opportunity to own and run this business. Its monthly gross sale is over $400,000 a month. The paper work is meticulously maintained under the guidance of the rules of accounting. Inventories are worth 3 millions which are included in the asking price. Seller is willing to finance. Sellers' net cash flow after paying all the expenses is $400,000 a year. Proof of funds is a must. Contact us for more information.

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Reason for Selling:

Other business interests.

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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