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Wholesale Distributor & Real Estate
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Wholesale and Distribution > Wholesale and Distribution


Business Summary

The company is an importer and wholesaler of convenient store items serving gas stations, liquor stores, car washes, 99 cent stores, gift shops, pharmacies, mini marts, truck stops, and convenient stores. The company has 4 employees consisting of 1 General Manager and 3 other personnel who's function includes order taking, answering phones, packing & shipping and unloading merchandise. The company has a unique customer base consisting of over 200 accounts who buy on a weekly basis. Approximately 58% of 2008 gross sales were in tobacco and 42% in convenient store items and general merchandise. The company has a large inventory of Air fresheners, auto products, bandannas, batteries, breath freshener candies and gum, can coolers, can openers, wine openers, corkscrews, bottle openers, cigarettes, flavor cigarettes, cigarettes boxes, condoms, dice, dominoes,film. Cameras, games, ginseng, glue, brushes, pocket combs, hair nets, Bobbie pins, incense, scales, key chains, swiss army knifes, lighters, lighter fluid, chap stick, padlocks, Advil, Tylenol, Motrin, Excedrin, Bayer, Anacin, Alka Seltzer, eye drops, cough drops, Vaseline, Hispanic candy, nail clippers, adult magazines and videos, playing cards, razor blades, zig zag rolling paper, toothpaste, assorted vitamins, energy drinks, and many other novel items Price: $5,500,000 + Inventory. Down payment 1,500,000 Seller Financing 500,000 Bank loan $3,500,000 Real Estate 3,500,000 available for sale or lease. Contact David Barry 310-279-5133

Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $17,562,472
Cash Flow:   $1,492,998
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,191
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer for 30 days.
Reason For Selling:  Other business interest.



Click on the "I'm Interested" button above for more information on this Wholesale and Distribution > Wholesale and Distribution business for sale.
Print Listing Id: 700113385


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