Financing: $450,000.00 Down and $350,000 for 5 Years @5%
Reason for Selling:health issues of seller.
One of NYC's leading WHOLESALER of Dairy products, eggs and provisions. VIRTUALLY RECESSION PROOF. VERY LITTLE overhead and sales and few expenses are well documented. Seller health issues fores sale. Run semi absentee. 15% walk in retail. Clientele consists of delis, restaurants, c-store, small groceries and bodegas. No one is excluded. Business runs semi absentee (10hrs week). Product is cash-n-carry (no receivables to deal with). No credit cards, no checks, no delivery trucks. Saves time and money versus the Route businesses (with this business, the customers come to you!!). Quick stats - 500 bread loaves/day, 10,000 milk cartons/week and 750,000 dozen eggs/year (over 9 million eggs sold per year making this company one of the nations largest movers of eggs!!). Gross sales $3.1m in 2011. Location is PRIME (you'll find out why when you inquire). Nets $275k semi absentee, with 11 years left on the lease of 1,300sf. New 10yrs plus 5yr option no problem. Business moves fast as product shelf-life is 1-2 days at most, no spoilage and no excess inventories so time flies in this vibrant, cash-generating business.Contact broker, Joe Stansky at Vested Business Brokers 1-877-735-5224 for more details. Proof of funds is required.
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