Major Brand Master Distributor with NY NJ Rig - 25966 Business Type: wholesale/dist businesses,routes,misc. wholesale/distribution/non-classifiable,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $500,000 | Down Payment | $500,000 |
| Gross Revenues | $1,741,322 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $185,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and Possible for a qualified buyer.
Business Description
Major Brand Master Distributor with NY NJ Rights. This is a very rare opportunity. The owner has spent the last 4 years building this business from scratch with support from the manufacturer. This is an EXTREMELY LOW OVERHEAD business. The manufacturer pays for the warehouse space, warehouse staff (to pull product and load vehicles) and vehicle wrapping for wholesalers. The owner's only expenses are office rent of $500/mth and product cost. The business only operates 5 days per week from 7am - 3pm. The sale includes Tier 1 pricing for several brands (virtually impossible to obtain any other way) and exclusive rights to all of NY and NJ. These states can be divided into territories that can be sold to individual wholesalers (route drivers). There are currently 9 wholesalers that cover particular territories. They all pay the master distributor daily. 2013 Sales were $1,741,322.45 with a cash flow of $185,000.00 and growing. Remember, you are buying not just the cash flow, but the rights and tier 1 pricing. The sale includes a 2007 Mitsubishi Fuso. An aggressive buyer can add a salesman and hire as many wholesalers as they want. The sky is the limit with this business. We are seeking a buyer with at least $500K in liquid funds to cover the down payment, inventory, and working capital. PROOF OF FUNDS WILL BE REQUIRED! Experience is NOT required. The current owner will stay on for several months to aid in training and transition. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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