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.
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