Dec 19, 2019 — This company has established long-standing relationships with manufacturers and wholesalers, based on the large volume of revenue that they do. This allows them to purchase odd-lot items at a large discount and offer the best pricing to their wholesale and retail customers. Their customers include convenience stores and big-box retail stores.
This regional powerhouse distributor operates 4 companies under one roof. In its 83,000 SF location, it also services the retail public as a walk-in wholesaler.
Long established wholesaler of tobacco, assorted beverage and candy distributor located in the North East. The company is an authorized stamper of tobacco products serving four states. They carry the largest assortment of tobacco products of any distributor. They currently operate a retail P.O.S. of all products within their warehouse serving the New York, New Jersey area.
This company has an excellent team in place, allowing its operation to run smoothly. Owners are looking to retire. The buyer will have an option to purchase the building.
FFE: $750,000 (Included in the price)
Reason For Sale: Retirement
Training & Support: Sellers will ensure support is provided as required by the buyer operation
Year Established: 1983
Location: NY, NJ, CT
Type of Location: Owned
Square Footage: 83,000 SF
Facilities Information: The facility is conveniently located to all major highways and cities. It offers ample parking for its trucks and customer walk in's. The buyer has an option to purchase this 83,000SF space with loading docks.
Competition: This regional powerhouse dominates the Northeast in sales and service. A value is their wholesale partners that they have established a long-standing relationship with and are afforded the lowest prices from them. Their name is synonymous with AAA credit from their wholesalers.
Potential Growth: Truly a scalable opportunity, with unlimited sales growth.
Annual Revenue: $174,000,000
Net Cash Flow: $4,900,000