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Business for Sale Summary

Wholesale and Import Business in NJ - 31941

Business Type: misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,seller financing available,wholesale/dist businesses
Owner Financing
Wholesale and Import Business in NJ
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Financial Information (non-confidential)

General Information
Asking Price $1,600,000 Down Payment $800,000
Gross Revenues $1,700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $280,000 Number of FT Employees Register Free to View

Financing

$800,000 Down and $800,000 at 6% over 60 months

Business Description

Looking for an established Italian food importer and wholesaler business to take over? Look no further than this 30-year-old business with a special niche! This company has a well-known reputation in Italy, which has enabled them to secure outstanding supplier credit terms. With a mix of large and small distributor customers, this business is incredibly flexible in its sale terms for a qualified buyer. You could even choose to buy the inventory and have the seller pay off the trade debt, or exclude inventory/AR and AP from the sale entirely. This is a clean asset sale, with no bank or other loans to be assumed by the buyer. Don't miss out on this great opportunity! Contact the broker today for more details.

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.