Wholesale Business for Broker in Monmouth County, New Jersey

Business:Wholesale Business for Broker
County, State: Monmouth County, New Jersey
Business Type: WHOLESALE/DISTRIBUTION BUSINESSES, Special Trades

Summary Description

Distributor & Contractor With 6 State Territory For Proprietary Waterproofing system. Also Wholesale Distributor For Pavement Seal Coating Product. Exceptionally well equipped business. Business is situated on owner's developed land which he is offering to lease at 50% below market value to new owner. Several big projects coming to contract. Products and services directed to both public and private sectors. Contracting arm of the business is bonded and approved for all bonded contracts. Business has little or no competition and is not being leveraged in its territory due to the age of its owner. The franchise is held in very high regard with the franchisor as it is currently its largest buyer of product. Territory expansion is simple: Add representatives (on commission only) in each state to maximize opportunity.

About the Sale

Asking price: $499,900 (USD)

Financing:$300,000 down and 5 Years @ 8%

Total Revenues: $1,190,699 (USD)

Cash Flow:$72,274 (USD)

Reason Selling:Owner Wishes To Retire

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.