Wholesale Warehouse Club & Consumer Goods Importer

Not Disclosed, NY
Bronx County


Asking Price: Annual Revenue:
$13,000,000 $37,441,952

Wholesale/Distribution: Durable Goods


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RE: Wholesale Warehouse Club & Consumer Goods Importer Broker: Mel Lisiten
Owner Financing is Available!
Negotiable.

Quick Facts

Asking Price: $13,000,000
Annual Revenue: $37,441,952
Net Profit: Not Disclosed
Cash Flow: $3,048,042
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 24
BBN Listing #: 24925287
Broker Reference #: CNY3331102

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Business Overview:

Business Description:
THIS DISTRIBUTORS CORE CLIENTELE ARE OWNERS OF REGIONAL SUPERMARKETS, CONVENIENCE STORES, BODEGAS AND OTHER SMALL STORES. What customers see when they enter the facility is a selling floor setup and organized.

exactly like a traditional warehouse club with proper signage, products and inventory all neatly displayed and organized on metal racked shelves.

The 50,000 square foot warehouse is well organized and filled from floor to ceiling. The $5,000,000 of inventory includes a wide assortment of non-perishable food items, over the counter drugs, beauty aids and other dry goods. In all they stock over 6,000 different items that are routinely purchased by their loyal customer base who come from all over the region. This company carries many items that no other competitor has. All the items are bar-coded and all purchases are recorded on the POS system. In addition the facility is monitored by security camera to prevent theft. The company owns 4 trucks that are used for deliveries.

This Company Sales are focused in the following categories: - Health - Beauty - Candy - Non-Perishable Meats & Cheeses - Frozen Foods - Non-Alcoholic Beverages - Paper Goods - Janitorial Supplies and more!

Historical Summary:
Established 28 years ago this Company has been built at a steady pace due to managements focus on constantly delivering a positive experience to their customer base.*The company recently moved from a 28,000’ building into its brand new 50,000’ facility. This new location has ample room for storage allowing the company to now meet minimums and buy direct from major vendors vs purchasing from sub-distributors increasing the companies bottom line.**The Company recently expanded it’s cold non-perishable meats and cheese offerings and increased its frozen food section significantly. *Deliveries through online ordering and orders from sales agents calling on customers in the field continue to increase every year. *The business is considered an “Essential” Business. ALL SALES ARE RECORDED AND ON THE BOOKS. This business grows every year and 2020 will be the biggest year yet!

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Market Competition and Expansion:

Competition: A true leader in its market catering to the ethnic markets on items that no other competitor sells. This company also imports specialty items that they have alone. Potential Growth: Growth will continue into the future with the companies recent strategic move to a new facility, continuing to add product lines, adding more salesman to target underserved markets and continuing to add proprietary imported items.

Additional Details:

  • The property is leased.
  • The owner is not 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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