MergerPlace

#1285- 27 Year Old Distribution Business

Brooklyn, New York (Kings)


  • Asking Price: $4,350,000
  • Gross Income: $3,194,000
  • Cash Flow: $1,263,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225762
  • Established: Not Disclosed
  • Employees:

Business Description

A 27 year-old distribution business with increasing profits and a stable loyal customer base, located in Brooklyn, New York, has come on the market. A person with sales and/or general management experience can easily grow this business to the next level. No technical experience is required. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $495,000 as a down payment, and based on historical data, would make $671,000 in the first year after paying back the loan. The bank financing includes a line of credit of $300,000 which can be used as working capital.


Business Details

Primary Business Category: Wholesale Trade - Nondurable Goods
Location: New York
Metropolitan Area: Brooklyn
County: Kings

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $4,350,000
Gross Revenue: $3,194,000
Cash Flow: $1,263,000
Seller Financing Available: No

Property Information

Reason for selling:

Owner looking to relocate.

Support & Training:

Yes.

Contact Business Seller

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Business Listed By:

Benjamin Ross Group

Benjamin Ross Group