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Big Ocean Trading Inc.

General Line Grocery Merchant Wholesalers · New York, NY

Big Ocean Trading Inc. is a business in New York, New York, listed under general line grocery merchant wholesalers, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $410K to $2.3M.

Public record

Industry
General Line Grocery Merchant Wholesalers (NAICS 424410, as reported by the business)
Location
New York, New York
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#5 of 17 businesses in New York listed under general line grocery merchant wholesalers, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Merchant Wholesalers, Nondurable Goods with 5 to 9 staff, bought 2023 to 2026. Based on 57 purchases.

Loans used to buy them

$350K to $1.9M

Middle loan about $900K

Estimated purchase prices

$410K to $2.3M

Middle price about $1.1M

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Big Ocean Trading Inc..

Financials of businesses like this

Average revenue

$6.3M

a year

Average payroll

$304K

5% of revenue

Average staff

6.5

people

US averages for general line grocery merchant wholesalers with 5 to 9 staff, 2022 (360 businesses). These are not Big Ocean Trading Inc.'s own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under merchant wholesalers, nondurable goods worth in New York?
From 2023 to 2026, businesses listed under merchant wholesalers, nondurable goods with 5 to 9 staff sold for about $410K to $2.3M, with a middle price of about $1.1M, based on 57 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Big Ocean Trading Inc.?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Big Ocean Trading Inc. get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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