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Business for Sale Summary

Chip Distribution Route for sale in NY - 33949

Business Type: seller financing available,wholesale/dist businesses,routes
Owner Financing
Chip Distribution Route for sale in NY
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This business has received 6 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $179,000 Down Payment $104,000
Gross Revenues $370,236 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$104,000 Down and $75K financed at 6% for 5 years

Business Description

Distribution Route now available! The route is currently operating 3 days a week, exclusively in Brooklyn. The route operates in East New York, Cararsie, Georgetown, Mill Basin, Coney Island, Midwood, Flatbush, and East Flatbush. The warehouse is in West Hempstead. There are other warehouse's in Richmond Hill and Brooklyn which can be used depending on availability. The route is currently servicing 34 active accounts, which consist mostly of independent supermarkets and gas stations. Also included in the sale is a 2010 Isuzu NPR-HD Diesel 20 foot box truck in excellent condition. The route is currently selling $9,000 weekly, with $9,500 of merchandise weekly. Business grosses approx $1,800/week. Route is 80% charge and 20% cash accounts. Weekly expenses are $285/week and includes parking, insurance, and gas. Rout is essential business and has not been affected by the covid pandemic. Accounts were open and operational. All accounts are contractually protected. There is unlimited growth potential to acquire new accounts in the 5 Boroughs, and Nassau and Suffolk Counties. Contact Roger Sciorsci for more information about this business.

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.

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.