MergerPlace

Importer/Distributor General Merchandise

New York


  • Asking Price: $11,500,000
  • Gross Income: $8,343,289
  • Cash Flow: $2,000,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206187
  • Established: 1983
  • Employees:

Business Description

This company is a top distributor / importer for todays hottest selling general merchandise and is available for acquisition. Established in the early 1980's, this firm has become a "go to" source, for many supermarkets, drug stores, convenience stores and hardware stores. The company has shown steady growth since its inception and currently represents more than two hundred manufacturers specializing in high profit, general merchandise items. The company provides nation-wide retailers and national chains, with numerous, in-demand items. All of the products they sell are delivered store door, freight pre-paid.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: New York

Company Information

Year Established: 1983
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $11,500,000
Gross Revenue: $8,343,289
Cash Flow: $2,000,000
EBITDA: $2,392,424
Seller Financing Available: No

Property Information

Facilities:

The facilities consist of office and warehouse space that is modern and pristine.

Growth & expansion opportunities:

The owner strongly believes that an enhanced management structure, expanded sales initiatives and technological advancements in electronic billing can grow the company to $50 million in revenue or more.

Competition:

Competition exists but this firm maintains a significant competitive advantage in its market, due to its ability to satisfy virtually all of its clients needs quickly and efficiently. As one of the most respected companies in its space the company is well known for its ability to consistently provide quality services to its clients. The companies exceptional reputation provides a strong platform for growing revenues and maintaining profitability.

Reason for selling:

The owner desires to see the company grow to its maximum potential and strongly believes that an enhanced management structure, expanded sales initiatives and technological advancements in electronic billing can grow the company to $30 million in revenue or more.

Support & Training:

The owner would be willing to maintain a small equity position in the company and stay on for an extended period of time to assist in the expansion and growth of the company.

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Business Listed By:

Tony Calvacca

New York Business Brokerage