Business Summary:
A Wholesale Distribution business for miscellaneous party and Dollar store items is located in Middlesex County, New Jersey. This wholesale company distributes and supplies a variety of party supplies and items to primarily 99 cents Dollar stores, large markets, and many retail stores. The business has a markup well over 20% on the products sold. The business presently has a clientele base of over 250 customers within a fifty (50) mile radius from the business location. The company has three vehicles and two drivers that deliver the product on a five day work week. The business produces a stable yearly income of $1,500,000 with a substantial Net income to the owner. This is a wonderful and unique industry and the business can be further developed by instituting an updated marketing plan. The seller wishes to retire and will train a new operator. The seller will also consider financing to a qualified buyer.
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| Year
Business was Established: 1990 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
Business facility consists of 10,000 square feet with ample parking available. The business has a large, commercial warehouse used for storage. An existing five year lease with additional options for continuation is available for the new owner. |
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| Potential
Growth/Expansion:
With an improved marketing plan the business can be further developed. |
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| Competition:
Very few similar competitors exist in the industry and none in this particular area. |
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| Owner
willing to finance:
Owner financing is available. |
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| Owner
willing to train:
Seller will provide a full due diligence and transtional period. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 198
BusinessMart.com Listing Number: 39777 |
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