Forty Yr. Old Wholesale For Sale-28584

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Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
not included in asking price

 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This forty years old whole sale tiles and distribution business is located on one of the busiest routes in New Jersey. Three brothers own it, and they are too old to run it. The youngest one is willing to stay with a new buyer, and is willing to give him 50% of partnership until a new buyer is fully conversant and equipped with the running of the business. The business has a huge list of retail clientele who are with this wholesale tiles business for over thirty years. Its name is well-respected and highly-recognized in the tiles industry. For a new buyer, It is once in a life time opportunity to own and run this business. Its monthly gross sale is over $400,000 a month. The paper work is meticulously maintained under the guidance of the rules of accounting. Inventories are worth 3 millions which are included in the asking price. Seller is willing to finance. Sellers' net cash flow after paying all the expenses is $400,000 a year. Proof of funds is a must.Call 1-877-735-5224 for more information.

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About the Business

Monmouth County, New Jersey
Number of Employees:
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About the Sale

Reason For Selling:
Seller is retiring.
The seller will train the new owner.
Seller Financing:
1,200,000.00 Down

Listing Info

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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