Business for Sale Summary
Wholesale For Sale in New Jersey - 28584
Business Type: construction businesses,special situations,new to market,seller financing available,wholesale/dist businesses
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $3,200,000 | Down Payment | $1,200,000 |
| Gross Revenues | $4,800,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $413,400 | Number of FT Employees | Register Free to View |
Financing
$1,200,000 Down and TBD
Business Description
This forty-year-old wholesale tile and distribution business is located on one of the busiest routes in New Jersey.
Three brothers own it, and they are now too old to run it. The youngest one is willing to stay with a new buyer, and is willing to give him
50% of partnership until a new buyer is fully conversant and equipped with the running of the business.
The business has a huge list of retail clientele, who have been with this wholesale tile business for over thirty years.
Its name is well-respected and highly-recognized in the tile industry. For a new buyer, this is a once-in-a-lifetime opportunity to own and
run this business. Its monthly gross sale is over $400,000 a month. The paperwork is meticulously maintained under the guidance of the
rules of accounting. Inventory is worth three million, which is included in the asking price.
Seller is willing to finance. Sellers' net cash flow, after paying all the expenses, is $400,000 a year.
Proof of funds is a must. Call 1-877-735-5224 for more information.
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.
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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.
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