Distribution Company
Recently Sold, Wholesale Distribution Company located in Central New Jersey that supplies various types of retail businesses. The products include inventory sold by Dollar Stores, Party Stores, Convenience Stores, food markets, and other miscellaneous retail outlets throughout the NJ NY Metro area. The products include various types of paper products, cooking tins, plastic utensils and novelty gifts are among the many products this business distributes to retail stores in the New York, New Jersey metropolitan area. A consistent 25% markup allows for a generous gross income of $9,115,105 & approximately $625,000 net to the owner. The sale includes numerous vehicles that deliver all of its products within a one hundred (100) mile territory to its 575 active accounts. This is a wonderful industry with huge growth potential, by instituting a marketing plan and increasing the product line. The seller is retiring after many years in the industry and will train a new owner operator. Based on the asking price, required down payment and net income this business will continue to supply a consistent return to the owner operator prior to debt service.
Markup
25%
Vehicles
numerous
Active Accounts
575
Reason for Selling
The seller is retiring after many years in the industry
Financials
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