Profitable Wholesaler/Distributor! Great Opportunity!

Essex County, NJ

Profitable Wholesaler/Distributor! Great Opportunity!
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Asking Price: $329,900

Cash Flow: $137,724

Gross Revenue: $471,522

EBITDA: N/A

FF&E: $143,099

Inventory: $16,350

Real Estate: $399,000*

Established: 1988

*not included in asking price.

Profitable Wholesaler/Distributor! Great Opportunity!

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Business Description

Profitable Wholesale Distributor! Route Sales Business!

Profitable Wholesale Distributor of Ice. Owner is retiring so great opportunity for someone looking for a small business to run and grow. The real estate is available also with a 2 family home sharing the property with the business. The business has been making ice and delivering it to commercial customers for nearly 30 years. With over 300 accounts in central and northern NJ, trucks go out daily to stock ice bags at various retail, construction and corporate locations. The business also maintains ice boxes at certain preferred accounts. If you like wholesale or distribution businesses and are looking for a growth opportunity this is it. The business is primed for growth with a good operator coming in to run the daily operations. Mainly seasonal business so you can choose to take winters off! Don't miss out- Inquire now! Rental Income as well!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,500
Employees:
3 FT/4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A 1500 sq ft building with ice making operations on site. The building is standalone with walk-in freezers, ice making machinery and shop yard for trucks and loading/unloading. The real estate is available with the business and 2 family rental house sharing the location.
Competition:
Most of the competition is well established in the New Jersey market. Wholesale ice distributors rarely come up for sale so this is your chance to own one.
Growth & Expansion:
A high barrier to entry so competitors are well established. By adding sales and marketing this business is primed to grow. Can easily be expanded into new markets outside of current territory.
Support & Training:
Will train for 2 weeks @ $0 cost. Specializing in 3-40 pound bags of ice with daily/weekly delivery to all customers. All inspections are up to date and equipment is in good working order. Great opportunity for someone with wholesale and distribution experience. Additionally, if you like route sale businesses this is for you.
Reason for Selling:
Owner is retiring due to health issues.
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Daz Connell

Business Listed By:
Daz Connell

Murphy Business & Financial Corporation

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