SBA Pre-qualified: C-Store Wholesale Distributor-Pre-approved SBA Loan

Cincinnati, OH (Hamilton County) (Relocatable)

SBA Pre-qualified: C-Store Wholesale Distributor-Pre-approved SBA Loan

Asking Price:$6,000,000

Cash Flow:$2,000,000

Gross Revenue:$15,500,000




Real Estate:$500,000


SBA Pre-qualified: C-Store Wholesale Distributor-Pre-approved SBA Loan

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Business Description

Pre-Qualified for SBA Loan 7a Program - C-Store Distributor

Pre-Qualified for SBA 7a Loan, with favorable terms -

Large Convenient Store Wholesale Distributor for sale, due to owner retirement. This business deals mostly in "Cash", is highly profitable, and has distinct advantages over local competition, due to specific direct buy licensing agreements with several manufacturers.

Low overhead, easy staffing, and high profit margin makes this a very desirable business for owners who have sales and management experience.

Owner willing to stay on board for 9-12 months, or longer, with favorable terms.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Pre-Qualified for SBA 7a Loan, with favorable terms (For Business & Real Estate) 18,000 Square feet warehouse 4,000 Square feet office space Centrally located (5 minutes from 3 major highways) Favorable Lease available Prefer to sell facilities with business
Four local competitors. Seven Key Advantages over competition: 1) 70% Cash Business 2) Connected/Licensing to Specific Manufacturers (Direct Buy Agreements) 3) Cigarette Stamping License for State of Ohio & Kentucky 4) Active Sales Force 5) Low Delivery Minimums (Due to purchasing power) 6) Same Day Delivery 7) Competitive Pricing (Due to purchasing power)
Growth & Expansion:
Pre-Qualified for SBA 7a Loan, with favorable terms Pros: 1) 70% Cash Business with low Accounts Receivable 2) Steadily growing industry, due to high demand. (Approx. $600M within this market) 3) Largest competitor carries nearly 60% of total market, so it's easy to gain market share. 4) Use of technology has enabled rapid communication and efficiencies. Cons: 1) Facilities need updating to handle growth expectations
Support & Training:
Pre-Qualified for SBA 7a Loan, with favorable terms. (for Business & Real Estate) Full management team and support staff in place. Owner willing to stay 9-12 months for transition and training.
Reason for Selling:

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Mike Lohbeck, CBI

Business Listed By:
Mike Lohbeck, CBI

MGL Business Solutions, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in the Ohio Business Brokers Association (OBBA).

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