Details - Information last confirmed on September 4, 2020
Well Established Wholesale & Distribution Company located in Virginia with excellent books and records from tax returns. This business carries and distributes general merchandise such as dry foods, Tobacco, Cigarettes, etc. Many solid and repeat clientele with well-trained staff in place.Good opportunity for the right person to smoothly transition into this existing and profitable business, organizational skills, and marketing background.
Strong market share with a stable client base for upside potential.
The current warehouse is 6,400 square feet with a very low rent of $3,970 (includes water, real estate taxes, and sewer), and a long-term lease.
The company has a vehicle included as part of the sale.
2019 Estimated Gross: $6,712,732 and on target of $9 Million in sales for 2020 (34% increase),
2019 Estimated Net: $200,272
$399,000 + Inventory (Approximately $500,000) = $899,000 (Approximately)
Down Payment: $500,000 (Value of actual inventory)
This company has a high rate of client satisfaction. The hours are from 10 am - 6 pm Mon-Fri.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.