Forty Yr. Old Wholesale For Sale-28584

Contact Seller
Asking Price:
$3,200,000

Gross Revenue:
$4,800,000
Cash Flow:
$413,400
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

About the Business

Location:
Monmouth County, New Jersey
Number of Employees:
9
Website:
www.vestedbb.com
Contact the Seller

About the Sale

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

Listing Info

ID:
1290999
Ad Detail Views:
417

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

 Show Phone Number

View My 2380 Active Listings

Similar Listings


Report an Issue 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 & Conditions.