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Distribution/Wholesale

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$1,300,000 $3,215,351 $265,463

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$200,000 ( not included in the asking price)

Real Estate:
$840,000 ( not included in the asking price)

Business Summary:
This 43 year old distributior of Health and beauty products is recognized by most manufactures in the business. Exclusive lines are shipped to salon, malls, wholesale businesses(70%) and walk in cash and carry business (30%) has contracts and agreements. Firm distribution to NY/NJ Tri-State area. Inventory includes supplies and equipment and product. Inventory is current and represents global brands. New lease with guaranteed 5 years with options to be negotiated. Additional warehouse space available for lease (2500sqft) Firm is reputable and adhere to highest industry standards to protect proprietary lines. One delivery van included in price. For further information, please contact 908-851-9040 and ask to speak with Elayne Stanback-McClaine at Ext 266

 
   
   
Year Business was Established: 1967
   
Number of Employees: 10  
   
Facilities / Terms of Lease: Business located in 4500sq.ft store/warehouse 6 car parking garage in rear. 2500 additional warehouse space available for lease.  
   
Competition: Limited, Term exclusive lines of product, furniture, sundries, cliffers, etc.  
   
Owner willing to finance: 2% plus prime  
   
Owner willing to train: Seller available for up to a year  
   
Reason for selling: Retirement  
 

 

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