1873 Route 70 | Cherry Hill, NJ, 08003
Price: $ 1,990,000 +/- SFSales
Business Description:
Introducing a premier distribution and closeout specialty company located in Camden County, New Jersey. With a focus on sports merchandise and clothing, this established company has become a prominent player in the industry. Operating from a strategically located warehouse spanning approximately 40,000 square feet, this company efficiently picks, packs, and ships a diverse range of inventory.
Under the expert guidance of a passionate owner, the business has achieved remarkable success, even during the challenging times of the COVID-19 pandemic. The owner’s commitment to the business is evident through their regular presence at the warehouse, dedicating around 4 hours per week to oversee operations. The remainder of their time is spent managing the business from a home-based office, utilizing modern technology to stay connected and ensure continued success.
Despite the economic uncertainties brought on by the pandemic, this distribution and closeout specialty company thrived, thanks to its ability to adapt to changing consumer behaviors. By implementing rigorous safety measures and establishing remote working procedures, the business continued to fulfill orders promptly, meeting the increased demand for sports merchandise and clothing.
With a strong emphasis on customer service and building solid relationships with suppliers and clients, this company sets itself apart from the competition. Every aspect of the operation, from inventory management to logistics, is meticulously handled to ensure a seamless experience for customers.
Confidentially known as a leader in the industry, this distribution and closeout specialty company remains committed to excellence. Its exceptional track record, exceptional product selection, and dedication to customer satisfaction make it a preferred destination for sports enthusiasts, fans, and retailers alike.
For unparalleled value and service in the world of sports distribution, trust this esteemed Camden County-based company. Experience the difference that comes from partnering with an established and thriving business in the distribution and closeout sector
Investment Highlights:
Location: Camden County, NJ
Asking Price: $1,990,000
Building Size: +/- 46,071 SF
Cash Flow: $450,000
Gross Revenue: $3,000,000
Inventory: $2,000,000
Real Estate: Leased: (Expires 5/31/2026)
Rent: $12,437
Employees: 6
Growth & Expansion: Options for value add through technology
Support & Training: Provided by the buyer
Reason for Selling: Retirement
