Cash flowing wholesale distribution business with 60+ accounts
Business Description
Westlon Products Co is a wholesale distribution business profitable since 1977 with over 60 accounts in San Francisco, Oakland, and Richmond, CA. A clean business with great margins, low expenses, positive monthly cashflow of $7500 with access to expand 300% revenue. Current inventory ($25,000) is included in the asking price. Owner is retiring @ 81 years young, so looking for an owner to take over business license and seller permits along with established accounts and access to inventory/new accounts.
About the Business
- Years in Operation
- 48
- Currently Home Based
- Yes
- Facilities & Assets
- Currently goods are being kept in a storage facility in Richmond, CA on a month to month low cost lease. Assets/inventory comes to about $25,000 in usable goods.
- Market Outlook / Competition
- The current owner is a staple in the convenience store delivery business. These accounts have been vetted through more than 4 decades on personal relationships and good business practices. The owner is looking to retire and would love to handoff great profit making accounts to the next person. The business is extremely simple and only requires minimum effort with no skill.
- Opportunities for Growth
- Growth is completely dependent upon new owner. The current owner is well past his prime and only has only been interested in maintaining current accounts and not expanding. With that being said, there are another 300 accounts that are accessible to the current/future owner that can still be assumed. The owner can provide addresses and point of contacts to these additional accounts once escrow is closed.
About the Sale
- Seller Motivation
- Owner is looking to retire @ 80+ years of age. This business has been profitable
- Transition Support
- Owner will disclose all 60+ accounts, work hand and hand with new owner to not only provide all financial information but show the specific routes to deliver the goods to each location. Owner will show invoicing per location and wholesaler's products to be purchased and distributed. The owner will drive with the new owner to each location and intro to all accounts.
- Financing Options
- Cash transaction via Chicago Title Co.
Listing Info
- ID
- 2439896
- Listing Views
- 24
Listing ID: 2439896 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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