Seller Financing Available

Asking Price:

$5,600,000

Gross Income:

$24,000,000

Cash Flow:

$1,700,000

FF&E:

$200,000.00 *

Inventory:

$2,500,000.00 **

Real Estate:

N/A

Year Established:

1992

Employees:

14

Business Types:

Nondurable Goods
Durable Goods

** not included in the asking price

* included in the asking price

Business Description

INCREDIBLE CASH AND CARRY DISTRIBUTION
BUSINESS FOR SALE.. Established almost 20 years ago
the
proprietors have grown this small business exponentially.
Their core clientele are owner of convenience stores,
bodegas, and other small stores. The 28,000 square foot
warehouse is well organized and filled from floor to ceiling .
The $2,000,000 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 6000
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 3 trucks that
are
used deliveries.
TO CONTACT US, GO TO OUR HOMEPAGE
www.lisitenassociates.com DOWNLOAD, FILL IN AND FAX
THE NDA TO : 212-661-4285. Or email it to
mel@lisitenassociates.com WE WILL THEN CONTACT
YOU
WITH THE INFORMATION THAT YOU SEEK.

Detailed Information

Facilities:

FULLY OUTFITTED 28,000 SQUARE FOOT WAREHOUSE WITH A 6,000 FT PARKING LOT. THE FACILITY IS MONITORED BY A SECURITY CAMERA SYSTEM AND THE COMPANY OWNS 3 DELIVERY TRUCKS. Lease Expire: 1/24/2015 Option: 5 YEARS Lease Terms: 2% INCREASE YEARLY Lease Security: $42,000 Monthly Rent: $20,973

Competition:

A leader in its market catering to ethnic markets on items that no other competitor sells

Growth/Expansion:

Growth can be attained by adding salesmen to target markets that are underserved.

Financing:

$3m

Support/Training:

General business experience. Distribution and purchasing experience a plus. SELLER WILL COMPLETELY TRAIN

Reason Selling:

Retirement

Broker Information

MEL LISITEN

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