Whole Sale Distribution of convenience items

One of the oldest and well established wholesale distribution business in New Jersey. They distribute Cigarettes, Candy, Sodas and all other convenience store items. The office hours are only 4 days a week (9.00 AM - 7.00 PM. Monday thru Thursday ). It comes with Real Estate. The real estate consists of 1)Warehouse for whole sale business, 2) A 3 B.R. house 3) A retail store which pays rent to the land lord. The retail store is also for sale. The net income from the store is $64,000. and asking price for the business is $125,000 which is separate from this business. The business has unlimited potential. The present owner has multiple businesses, there fore no desire for expansion and that is why he is not aggressive in taking new accounts. Approximately he is working with 200 accounts out of which 100 accounts are very active. The company is a sub jobber for the cigarettes, he is not a stamper. The business comes with TWO vehicles. Both are 2013 Nissan SUVS and approximately close to 100,000 miles on both of them. Excellent opportunity to recover your investment in little over two years.
Geography: State:New Jersey  County:
Asking Price: $825,000
Cash Flow: $215,000
Down Payment: $300,000
Franchise: -
Reason for Selling:
Re Inc.: Yes

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