Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Wholesale Distribution Business21;

LISTING DETAILS
Firms For Sale ID:
11951
Vendor reference:
724207
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$950,000  
Turnover / revenue:
$200,000
Net profit / cashflow:
$1,275,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
WHOLESALE DISTRIBUTION BUSINESS21;21; This 17 year-old, Riverside-based, family-owned and operated partnership enterprise wholesale distributes a wide variety of imported die-cast metal toy cars, toys, sporting goods and apparel, inexpensive sunglasses, butane lighters, batteries, gifts, novelties, and other seasonal items, vitamins, notions, energy drinks, impulse items, you name it, they probably sell it stocking the shelves of corporate and independently-owned gas stations, convenience stores, car washes and other retail merchandise establishments throughout Southern California, from San Diego to Ventura and Los Angeles to Palm Springs. They have approximately 125 corporate and 375 independent merchant accounts. All accounts are quick pay, usually C.O.D. or within 10 to 30 days. There are also several non-commission paying house accounts receiving drop shipments. This is all done with just three (3) vehicles out of a 3,000 sq. ft. warehouse leased at 24;2,200 per month on a year-to-year lease. All of the business FF26;E is owned free and clear. Share space with the Sellers and receive extensive on-sight training and guidance. One owner-manager works just 20 hours per week. Direct-delivered merchandise is sold and shelf-stocked by three (3) commission-only driver salesmen. Sales have recently stabilized or declined because the owners have decided to devote their full time and attention to marketing and distribution of a new, and rapidly-growing and highly profitable product line, and the three driver salesmen have all reached their commissioned earnings 22;comfort level22;9D; Sellers can provide thousands of leads for opening new accounts. Also, sales can be substantially increased by adding a business development sales manager, more drivers and vehicles, and remote mini-warehouse distribution points beyond the company';s existing geographic footprint. Further profitability can be enhanced by purchasing and importing new product direct from abroad. THIS BUSINESS IS PRICED TO SELL, SO ACT NOW21;21; CALL Brian Gunshor, Sunbelt Business Brokers 40;310-539-8300.