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Businesses For Sale > Business For Sale in Philadelphia, Pennsylvania (PA)

Wholesale Distributor for sale in Philadelphia, PA

Philadelphia, Pennsylvania (PA)

Asking Price: Gross: Cash Flow:
$ 350,000 $ 1,900,000 $ 149,000

Inventory Value:
$ 300,000 (not included in the asking price)

Business Summary:
This is a well established business with great reputation in the wholesale industry of dollar store items. Excellent credit with vendors and total satisfaction with clients are the goodwill of the business. They do not deliver the goods, either its shipping or pick up. 50% of the goods are picked up and the other 50% are shipped. They receive credit of 30-60 days and they extend credit to only a few customers for 30 days. Average receivables at any given time are approximately $120,000. They have approximately 250 – 300 accounts. The hours of operations are 9A.M. to 3 P.M. five days a week, which makes this business very desirable. Also there is an opportunity to make more money for someone who is aggressive and ready to work more hours. With only two part time employees this business is very easy to operate. With only $250,000 down this business can be financed with SBA guaranteed loan. This opportunity is great for an investor or operator or retiree. Inventory of $300,000 not included in purchase price.

 

   
Year Business was Established: 1999
   
Number of Employees: 3 PT  
   
Reason for selling: health issues  
   
Seller Reference Number: 9220
BusinessMart.com Listing Number: 67364
 

 

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For more info contact:

Customer Service Manager

Tannenbaum & Mehta
856-382-1904

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