90 Years Old Distribution Company with Real Estate

Not Disclosed, Greece


Asking Price: Annual Revenue:
$11,000,000 $4,604,114

Wholesale/Distribution: Non-Durable Goods


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RE: 90 Years Old Distribution Company with Real Estate Broker: Sundeep Gill
Owner Financing is Available!

Quick Facts

Asking Price: $11,000,000
Annual Revenue: $4,604,114
Net Profit: Not Disclosed
Cash Flow: $512,950
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $6,000,000
Year Established: 1920
Employees: 40
BBN Listing #: 836626891
Broker Reference #: s052919g

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Business Overview:

This Company was established in the 1920s as a family-owned company. Since then, the company has been run by three different generations to date. Over the years, the company owners have mastered the art of general product distribution, wholesaling and logistics all over Greece.

The company currently operates in two different provinces of Greece and has established facilities to aid in the operation of the business. The company has its own land, warehouses, and offices where all operations are conducted. Being in the business for so long has developed company experience on; having clear cut channels for products acquisition, knowing selling channels and marketing strategies that are best suited for the Greek market. This achievement can be reflected in the company’s revenue growth over the last years.

Product and Services

This Company acquires products directly from the manufacturers and producers and sells them directly to other small-scale wholesalers, depots, and retailers in two provinces of Greece. The company has an inventory of over 1,000 different products and sells to over 1,200 different customers.

The products are mainly composed of beverage products (90%) and some supplementary products (10%).
• Alcoholic beverages: This Company supplies/ distributes a range of alcoholic beverages from different manufacturers, these are- Beers, Wines, Whisky’s, Gins, Vodkas, Rum, and others.
• Non-alcoholic beverages: This Company supplies/ distributes a wide range of soft beverages from different manufacturers, these are- Sodas such as Coca-Cola products, Energy drinks such as Redbull and other soft beverages of all sorts.
• Other products- This Company also supplies and distributes other supplementary products such as- Oils, Coffee, Sugar, glasses, and others.

Included in the sale is the following Real Estate:

A land (20,000m3) that houses two buildings of 6,000m3 and ample parking, garages and warehouses. A recent valuation places the land and the 2 building’s worth at Euro 6million. These properties are being offered as part of the asking price.

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Market Competition and Expansion:

This Company operates in the wholesale and retail distribution of products aforementioned. Of its 1200+ clients, 95% are retail customers and 5% are wholesale customers. Before the recent years, the distribution of customers was 50% retail and 50% wholesale. This meant that the business was highly scaled and moved products of revenues up to Euro 25million and more profits were being realized. However, the family ownership has since ventured into other 4 diverse businesses and they had to scale down this business to create time for the new businesses. For future purposes, the company’s owners left the channels of the previous operations open and they are willing to help a new owner scale the business up again in a very short period.

Reason for Selling:

Other Businesses.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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