Wholesale Beverage Distributor in a Commercial Area
Location: New Jersey > Passaic County
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $795,000
Gross Revenue: $5,400,000
Cash Flow: $270,000
Inventory: $200,000 (Not Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Seller Financing: Financing is available for a qualified purchaser.
Business Summary
A very successful wholesale distribution business located in the heart of a busy, commercial city. This business is located near a high volume Farmers Market and many other commercial businesses thus generating a large amount of daily traffic. The business essentially delivers various types of beverages (soda, water, etc) to the immediate (20 miles) surrounding areas. This business has approximately 225 customers which consist of various types of retail food markets, C-stores, deli's etc. The business has operated for over fifty years and produces stable yearly revenues in excess of 5 Million and nets well over $250,000 for the present owners. The business also offers a cash and carry service which substantially enhances the gross income and general profit. This business has incredible potential for continued expansion with a new owner operator and an updated marketing strategy. This is an unusual opportunity and an excellent investment!
About the Business
Year Established: 1985
Employees: 7 full time -
Facilities: Large warehouse facility consists of 15,000 square feet with a loading dock area and a private office. The facility is located in a centralized commercial area close to major highways. An existing five year lease plus a five year additional option is available for transfer. The business has seven employees and the facility includes three trucks and all the necessary equipment required for high production.
Market Outlook and Competition: No other competitors exist in the general area of this business. With updated marketing and advertising this business can be further developed.
About the Sale
Management Training and Support: Seller will provide a complete review and transitional period to a new owner.
Reason For Selling: Retirement and Partnership seperation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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