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Mature Wholesale Distributor with Real Estate in NJ.

New Jersey (Hudson County)

Wholesale/Dist. - Nondurable Goods | Wholesale/Dist. - Durable Goods

Asking Price $650,000 Inventory $16,500* 
Gross Income $900,000 Real Estate $525,000* 
Cash Flow $75,000 Year Established 1994
FF&E $10,000* Employees 3

* included in the asking price

** not included in the asking price

Mature Plastic & Paper Wholesale Distributor located in North Jersey with strong customer base. This is a great investment opportunity for someone looking to acquire a Plastic & Paper Wholesale Distributor as this company does not advertise, own a web site or have a sales force. They rely purely on word of mouth and their strong reputation. As of June 30, 2009, revenue is a little more then $395,500 making them on pace to surpass $790,000 in 2009. This Wholesale Distributor has growth potential due to their local target markets, lack of sales force and the advantage they own over their competitors. Their real estate which is in a prime area is also packaged in with the sale and was appraised for $525,000. The building consists of two apartments where renters pay a fee per month. This company consistently provides a reasonable cost for high quality paper and plastic products. They locally serve: Restaurants, Deli s, Liquor Stores, Pizzeria s, Schools, Libraries and other establishments throughout North Jersey & New York City.

Facilities: Building of business which includes two apartments where renters pay a fee per month is included in the sale. All equipment, vehicle(s) and inventory will be included in with the sale. Building was appraised for $525,000. Inventory & A/R are in flux and will be adjusted with price (+/-) at closing.

Competition: There are two main competitors in their market. Advantages this company has over them: Delivers Products instead of only offering pick up service, Follows up with clients and keeps in touch with them & Has good relationship with clients. Disadvantages: No advertising, No web site, More limited operation.

Growth/Expansion: There is potential for growth, a strong reputation has allowed the business to weather the current economic crisis and like the rest of the economy with proper leadership and initiative is poised to take advantage of the coming recovery. There has been very little marketing in the years following the founders passing. A modest marketing program has historically reaped significant benefits in the past. This company could grow in a few different ways: take on new products; hire a sales manager; start advertising; go into different cities, etc.

Support/Training: 2 to 4 weeks included in the sale. Other employees can stay on as well if desired.

Reason Selling: Owner died 3 years ago and heirs would like to move on.

Business For Sale By

Sunil (Sonny) Soi

609-490-0037

CrossPoint Business Group

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