71252 - Convenience Store and Truck Stop Wholesaler

Plains (Relocatable)

71252 - Convenience Store and Truck Stop Wholesaler
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Asking Price: Get Financing: $1,650,000

Cash Flow: $228,000

Gross Revenue: $957,000

EBITDA: N/A

FF&E: $200,000

Inventory: $250,000

Lease Rate: N/A /SF

Established: 2004

71252 - Convenience Store and Truck Stop Wholesaler

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Business Description

2016 Sales are exceeding $1 Million! This wholesale distributor specializes in convenience store and travel-stop consumer products. Located in the Midwest U.S., primary products include cellphones, sunglasses, purses, hats and tee shirts. Currently, 50% of the revenue is derived from the sale of its products to convenience stores, gas stations, and mini marts while the other 50% comes from interstate truck stops. As they offer both shipping and delivery, a new owner could do well to provide an online catalog and increasing internet presence. Offering these services requires a facility to stock a wide variety of inventory, and trained personnel to perform outside sales, set up accounts and manage inventory. The company has a proven track record, supported by its many long-standing clients. On average they see 40-60 new clients every year, primarily from annual tradeshows. The company’s marketing efforts focus on targeting Wyoming, Kansas, Nebraska, Colorado, Oklahoma and Missouri businesses. Over the past four years, the owner has been improving the profit margins. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Ideally, an industry buyer could purchase this business to merge with their existing routes and reduce operating costs even further! For additional information please contact IAG for full details, including location specifics.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased 6,000-square foot facility includes 240 square feet of office space and 4,400 square feet of storage. Photos available upon request.
Support & Training:
While the owner is approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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