Asking Price: $70,000 Gross Revenue: $720,000Cash Flow: $245,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $65,000 included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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 email@example.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
Number of Employees:
Building Sq. Ft.:
$600.00 Per Month
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.
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
Profitable & Established Wholesale & Distribution Business For sale
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