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This Business has been Sold!
Closing Date: 03/27/2014

Business for Sale Summary

Bread & Dairy Wholesaler Business - 21793

Business Type: wholesale/dist businesses,all industries,non-durable goods (ie:services/occupations),misc. wholesale/distribution/non-classifiable,illness forces sale!,must sell/drastic price reduction!,seller financing available
Sold
Bread & Dairy Wholesaler Business
On March 27th 2014, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Rockland County NY, Suffolk County NY, Westchester County NY, CT, NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $800,000 Down Payment $450,000
Gross Revenues $2,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $272,160 Number of FT Employees Register Free to View

Financing

$450,000 Down and $350,000 for 5 Years @5%

Business Description

One of NYC's leading WHOLESALER of Dairy products, eggs and provisions. VIRTUALLY RECESSION PROOF. VERY LITTLE overhead and sales and few expenses are well documented. Seller health issues fores sale. Run semi absentee. 15% walk in retail. Clientele consists of delis, restaurants, c-store, small groceries and bodegas. No one is excluded. Business runs semi absentee (10hrs week). Product is cash-n-carry (no receivables to deal with). No credit cards, no checks, no delivery trucks. Saves time and money versus the Route businesses (with this business, the customers come to you!!). Quick stats - 500 bread loaves/day, 10,000 milk cartons/week and 750,000 dozen eggs/year (over 9 million eggs sold per year making this company one of the nations largest movers of eggs!!). Gross sales $3.1m in 2011. Location is PRIME (you'll find out why when you inquire). Nets $275k semi absentee, with 11 years left on the lease of 1,300sf. New 10yrs plus 5yr option no problem. Business moves fast as product shelf-life is 1-2 days at most, no spoilage and no excess inventories so time flies in this vibrant, cash-generating business.Contact broker, Joe Stansky at Vested Business Brokers 1-877-735-5224 for more details. Proof of funds is required.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.