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Wholesale Warehouse Goods Importer / Distributor
Location: United States -> New York -> Other New York -> Bronx
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

Business Description:
THIS DISTRIBUTORS CORE CLIENTELE ARE OWNERS OF REGIONAL SUPERMARKETS, CONVENIENCE STORES, BODEGAS AND OTHER SMALL STORES. What customers see when they enter the facility is a selling floor setup and organized exactly like a traditional warehouse club with proper signage, products and inventory all neatly displayed and organized on metal racked shelves.
The 50,000 square foot warehouse is well organized and filled from floor to ceiling. The $5,000,000 of inventory includes a wide assortment of non-perishable food items, over the counter drugs, beauty aids and other dry goods. In all they stock over 6,000 different items that are routinely purchased by their loyal customer base who come from all over the region. This company carries many items that no other competitor has. All the items are bar-coded and all purchases are recorded on the POS system. In addition the facility is monitored by security camera to prevent theft. The company owns 4 trucks that are used for deliveries.

This Company Sales are focused in the following categories:

- Health
- Beauty
- Candy
- Non-Perishable Meats & Cheeses
- Frozen Foods
- Non-Alcoholic Beverages
- Paper Goods
- Janitorial Supplies

Historical Summary:
Established 28 years ago this Company has been built at a steady pace due to managements focus on constantly delivering a positive experience to their customer base.
*The company recently moved from a 28,000' building into its brand new 50,000' facility. This new location has ample room for storage allowing the company to now meet minimums and buy direct from major vendors vs purchasing from sub-distributors increasing the companies bottom line.
**The Company recently expanded it's cold non-perishable meats and cheese offerings and increased its frozen food section significantly.

Listed Price: $ 13,000,000
Phone: 212-661-4160


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $37,441,952
Cash Flow:   $3,048,042
Cash Flow Type:  EBITDA
Inventory:  $5,300,000
Seller Financing:  Yes

About The Business

Year Established:  1992
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will completely train a new owner. Seller is open to continue running the business for a new owner for an extended period of time.




Print Listing Id: 700354852
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