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Businesses For Sale > Business For Sale in Kings County, New York (NY)

Paper & Plastic Distributor for sale in Kings County, NY

Kings County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 2,200,000 $ 12,477,446 $ 1,068,126

Business Summary:
LISTING ID # 32316High Volume Paper & Plastic Packaging Distributor. This business was built from scratch by the current owner in 2008. Since then it has steadily grown. They provide paper and plastic packaging material to clients throughout the tri-state area (NY, NJ, CT and a few clients in PA & MD). Business has increased due to Covid. The vast majority of customers come and pick up. The business has several hundred customers. The inventory is located in two warehouses (6,000 sf. and 10,000 sf.) leased for a total monthly rent of $26,500 per month. The sale price includes all accounts and equipment (one delivery truck, forklifts, pallet jacks). The sale price does not include inventory of approx. $1.3 mil. There is NO website or sales team. That is a tremendous growth opportunity. The business operates M-F 8:45am-5:30pm, Sat. 8:45am-4pm, CLOSED Sunday. In the past year the business grossed approx. $12,477,446.17 with a net income of approx. $1,068,126.34. The seller will provide full financials after face to face meetings only. The owner is willing to stay on for some time to aid in a smooth transition. All candidates must provide proof of liquid funds for at least $3.5 mil. ($2.2 mil. asking price plus $1.3 mil. in inventory) prior to speaking with the owner prior to speaking with the owner or obtaining the business address. All site visits must be made by appointment only. To learn more, please call or email Mel Vaz today at 631-909-1095 or [email protected] Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32316 for instant access to this business information.

 

   
Year Business was Established: 2009
   
Number of Employees: 9FT  
   
Owner willing to train: Seller will train  
   
Reason for selling: Divesting  
   
Seller Reference Number: 32316
BusinessMart.com Listing Number: 261672
 

 

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