LA Wholesale Distributor To Convenience Stores For Sale

Business description

The company is an importer and wholesaler of convenient store items serving gas stations, liquor stores, car washes, 99 cent stores, gift shops, pharmacies, mini marts, truck stops, and convenient stores. The company has 4 employees consisting of 1 General Manager and 3 other personnel who's function includes order taking, answering phones, packing & shipping and unloading merchandise. The company has a unique customer base consisting of over 200 accounts who buy on a weekly basis. Approximately 58% of 2008 gross sales were in tobacco and 42% in convenient store items and general merchandise. The company has a large inventory of Air fresheners, auto products, bandannas, batteries, breath freshener candies and gum, can coolers, can openers, wine openers, corkscrews, bottle openers, cigarettes, flavor cigarettes, cigarettes boxes, condoms, dice, dominoes,film. Cameras, games, ginseng, glue, brushes, pocket combs, hair nets, Bobbie pins, incense, scales, key chains, swiss army knifes, lighters, lighter fluid, chap stick, padlocks, Advil, Tylenol, Motrin, Excedrin, Bayer, Anacin, Alka Seltzer, eye drops, cough drops, Vaseline, Hispanic candy, nail clippers, adult magazines and videos, playing cards, razor blades, zig zag rolling paper, toothpaste, assorted vitamins, energy drinks, and many other novel items Price: $7,350,000 includes Inventory. in the approximate amount of $1,000,000 - Terms $3,000,000 down $500,000 Seller Financing SBA Loan $3,850,000 Real Estate $3,500,000 available for sale or lease. Contact David Barry below.

Property information

Real Estate:

Lease

Lease terms:

Building for sale or seller will lease to buyer for $15,000 per month on a long term basis

Location:

Downtown Los Angeles

Premises details:

15,000 sq. ft. facility 3 stories with mezzanine and basement

Size in square feet:

15,000

Business Operation

Expansion potential:

Although the company has a large inventory consisting of many
items additional items could be added as the company has a captured audience with its existing customer base.

Competition / Market:

Company has a very large customer base that buys from the company on a weekly basis.

Reasons for selling:

Retiring

Trading hours:

M-F 8:00-6:00

Employees:

4

Years established:

14

Other information

Support & training:

Seller will train buyer for 30 days

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Price: 5,300,000 + Inventory 25% down 75% Pre approved SBA loan
Real Estate 3,500,000

Furniture / Fixtures value:

$50,191 (included in the asking price)

Inventory / Stock value:

$1,000,000 (included in the asking price)