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Financing: $400,000.00 Down and Reason for Selling:Retirement A Passaic County online and wholesale distributor of rugs and carpets has become available. The wholesale distributor sells to furniture, carpet, discount, variety and 99 cent stores domestically with newly added sales to the Caribbean markets. The online products are sold to big name e-commerce stores in Canada and the U.S.
Products include area rugs of all sizes, welcome mats, kitchen mats, door mats, stair mats, runners, prayer rugs and more. Sizes are as varied as the product line.
The inventory is housed in two nine-thousand sq. foot warehouses in North Jersey, one for wholesale and the other for online products.
There are numerous ways to increase sales and profits starting with the consolidation of the two warehouses into one particularly since the products of the online sales are all carried in the wholesale warehouse. Second, a mini showroom for cash and carry orders can spaced out at the one warehouse for orders by appointment and a brochure for the online sales developed. Third, the Caribbean and Canadian markets each has substantial growth potential of its own. Finally, due to its entry into major accounts, vinyl flooring products can be added to the mix.
The owner seeks to retire.
For more information, contact Gerald Nimberg Senior Business Broker, Vested Business Brokers at 646-269-4616.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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 information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |