Seller's Contact Information
- RE: Growing Distribution Company For Convenience Store
- Contact: Raj Sheth
Quick Facts
Asking Price: | $5,500,000 | |
Annual Revenue: | $40,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 890826891 | |
Broker Reference #: | Not Disclosed |
Business Overview:
A well-established NYC firm supplying tobacco, candy, and sundries to convenience stores in and around the metropolitan NYC area is offered for immediate sale. Boasting a rich tradition of timely distribution since its inception over 75 years ago, the company has methodically and painstakingly built a loyal customer base of over 3000 retailers.
This third-generation business has proven to be both recession and pandemic proof, and in fact, has demonstrated its resiliency with an average increase in SDE (seller’s discretionary earnings) of nearly 400%! Ideally suited for prospects wishing to leverage its expansive network, this business offers multiple scaling opportunities including introducing additional SKUs, installation and execution of a formal sales and marketing plan, geographic expansion of service area, furthering existing relationships with existing customers/sub-jobbers, and creating optimal efficiencies through technology and infrastructure improvements.
Ownership, past and present, has created a corporate culture attracting and retaining a highly motivated staff, with many long-tenured employees. The company operates out of its self-owned NYC warehouse offices and is primed for either upgrades or outright relocation. The impassioned owners are willing to stay for an extended transition complete this turnkey, legacy offering.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from