Well Est. Food Distributor & Manufacturer-Only 10% Down
Hudson County, NJ
| Asking Price: | $999,999 |
| Gross Revenue: | $1,790,033 |
| Established Year: | 1999 |
| Cash Flow: | $311,755 |
| FF&E: | $85,000 |
Listing ID: 2230053Listing provided by BizBuySell
BUSINESS DESCRIPTION
You only need 10% down to purchase this thriving business. This business has already been lender pre-approved.
It is an established food distributor and manufacturing company in Northern NJ that serves the NJ and NYC Metro areas. The company has been around for over two decades and has a loyal customer base stemming from its reliability within the industry. 2023 revenue was over $1.7MM with $311K cash flow. 90% of the business is distribution & 10% is manufacturing.
This is an excellent opportunity for a buyer looking to work remotely or take on more responsibility on-site. A new owner can expand the business by selling additional products to the customer base.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,700
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Ideal 4,700 sq. foot commercial location with ample warehouse space. 1,000 sq foot walk-in box. Indoor loading dock. Indoor parking accommodates four vans for all weather conditions. Four outside private parking spots. Monthly rent is $4,250.
Competition
Moderate competition but few with the quality & reliability.
Financing
Lender pre-screened with $100K down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
The owner wishes to retire.
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