Profitable & Established Wholesale & Distribution Business For sale

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Convenience store Wholesale & Distribution Business
Asking Price:
$70,000

Gross Revenue:
$720,000
Cash Flow:
$245,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$65,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

One of the largest and longest running Wholesale business in the State of Iowa. This business carters to 85 repeat customers each month and has a customer base of 120+ stores in three states. DUE to family SICKNESS, this business needs to be sold to the right person who can take to the next level. Save on no start-up cost and receive revenue from Day One. Constant sales growth for 7 YEARS consecutively to almost one million in sales a year. Six figure net income with very low expenses and low operating cost. Customers include Convenience stores, liquor stores, retail stores and Smoke Shops. This has been done with only one owner, family-run business and one delivery van. Large line of products with over 200 products and includes distribution right to certain products that have huge profit margins. Covering the whole state of Iowa, this is an ideal strategic buy to expand geographically and add on more drivers and delivery vans to ensure all customers are taken care of weekly. At current volume, the business can be run as one-man show or invest in more employees to increase sales to seven figures. Proven business model and needs the right owners to take this company to the next level. Located at a central crossroads with two major interstates connecting 99% of customers within 2 hours drive.

Contact Baldeep Singh at 515-402-0343 or bdhingra@movewithplatinum.com Email to receive more information once NDA has been signed. Looking to transfer immediately with quick closing. All sales data and financial information will be provided to buyer during due diligence.

About the Business

Year Established:
2007
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$600.00 Per Month
Facilities:
Large warehouse located in the City with inexpensive lease- provides warehouse space and retail space for customers to come. One delivery van for sale; not included in sale price.
Market Outlook/
Competition:
Few competitors can enter this market, over 10 years of established customers and relations with manufactures/vendors worldwide. Company has immense buying power. Prime Central location. Only vendor in State with distribution rights to certain products
Growth & Expansion:
Business currently has large market share with repeating customers and potential to add new products for vertical line expansion. New stores are being added monthly to already existing customer base. Huge potential to add more drivers/products/online website for expansion
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About the Sale

Reason For Selling:
Owner Retirement/Sickness
Training/Support:
3 Weeks of Training Included and additional time can be requested for pay. Ongoing support provided to ensure health of business continues

Listing Info

ID:
1449670
Ad Detail Views:
0

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Business Listed by
Baldeep Singh

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U.S. Census Data for Dallas and Polk Counties, IA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Dallas and Polk Counties, IA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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