A 70 year old wholesale distribution business, located in Bergen County, New Jersey, has come on the market. The new owner does not need industry experience. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $480,000 as a down payment, and based on historical data, would make $303,000 in the first year after paying back the loan. The price includes $800,000 of inventory and all accounts receivables. Real estate is also included in this transaction. The bank will also provide a $300,000 Line of Credit.
Asking Price $3,200,000
You May Also Like
Wholesale Distribution Co. #468957 posted May 23, 2017
- Bergen County, New Jersey, United States
Wholesale distributor of Fasteners & Electronic hardware serving US manufacturers in various industries. The company would consider a merger relationship in order to reach the next level of growth and enjoy the full rewards of business ownership. The company can evidence a yearly gross income of $874,787...
Globally Pantented & Branded Chewing Gum #462746 posted Feb 13, 2017
- New York County, New York, United States
The only globally patented & branded chewing gum, wafer, and medicinal powder that effectively solves three huge problems: 1. BE Gum removes all pre-cancerous residual components and traces of tobacco, alcohol, marijuana and other toxic chemicals left behind in the oral cavity after consumption...
Bread Route #463486 posted Feb 23, 2017
- Essex County, New Jersey, United States
Well established 30 year old Bread Route servicing Essex County, NJ and 1 Bergen County Location. Seller will stay to training. This is a 1 man operation. Motivated Seller. Best Offer takes it.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.