Profitable distribution business is up for sale - NOI: 600k
Concord, CA
| Asking Price: | $1,500,000 |
| Inventory: | $300,000 |
| Established Year: | 2020 |
| Gross Revenue: | $6,000,000 |
| EBITDA: | $600,000 |
Listing ID: 2196264Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly Profitable distribution business servicing retailers in the east bay is up for sale.
It does 6M in annual sales to about 350 customers at a margin of 20%
Overhead costs are about 40k-45k/m
Net income is 600k
Buyer will be trained by the seller for a period of upto 4 months.
Deal Layout: 1M down from buyer. 800k seller carry for a period of 3-5 years at 7%.
Buyer should have 1M cash down, good credit and equity in real estate to cover the seller carry.
Tremendous potential to expand in neighboring counties.
Call broker for details.
DETAILED INFORMATION
Location
Concord, CA
Inventory
Not Included in asking price
Employees
6
Financing
800k
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