Distribution Paper Goods & Janitorial Supplies

Business Summary:
This is a 5 day week operation servicing public buildings including libraries, churches, professional offices including doctors, architect, etc. Products include paper, janitorial, packing and shipping supplies, etc. and averages a 35% gross profit margin. The company servicing over 1,000 accounts in Bergen, Essex, Hudson, Middlesex, Passaic, Somerset, Union, Morris and parts of Hunterdon County. Great opportunity for owner operator with sales and or marketing background. This company does not have a website, outside sales force and the business does not take credit cards (which are all opportunities for improvement). The business is located in a 3.5% sales tax trading area. The top 5 accounts represent less than 10% of the annual sales. Accounts receivable average $70,000 and the company maintains an average inventory of $35,000. The Seller prefers to sell the Business and Real Estate together however will consider the sale of the business only for $240,000 and will offer a buyer the option to buy the Real Estate. The Seller will provide favorable financing to qualified candidates for the Real Estate portion only provided purchaser buys both Business and Real Estate at closing. For further detail and to arrange showing call Larry Bodner at 908-851-9040 Ext. 217