Business Overview:
Well established (14 years) specialty foods importer in high growth / high margin categories including kosher, health, gourmet, organic, and ethnic foods. Customers include Supermarket Chains (ShopRite) other National Retail Chains (Marshalls, TJ Maxx, and HomeGoods) PLUS Web and Online sales, specialty stores, and thorugh distributors (local and out-of-state).
Crrently, there are 300-400 customer / stores.
For supermarkets and retailers with available floor space, an oxygen branded portable shelving rack can be provided.
Sources of product include 4 factories across 10-12 suppliers. 95% are in Israel and the rest are in South America. There are over 150 items/SKUs and more than 50% are Private Label with the Oxygen Brand.
Sales are apporximate.
Direct sales are genrally in NY, NJ, and PA. 65% Direct at 40 % margin and the rest (through distributors) at a 25% margin.
Distributors sell nationally
There is a big opportunity to capitalize on the growth in this food categroy. All products are kosher certified. Exapnsion can be done at higher margin becasue amjor expenses are fixed.
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Market Competition and Expansion:
Oxygen sells to supermakets and national retail chains, plus online and specialty retailers.. The market for kosher, health, gourmet, and organic foods is growing.
Pursue additional online and retail outlets. Online can be with Amazon exapnsion and / or an imporved Oxygen branded website for e-tailing. Retail should be with additonal food and specialty retail outlets plus multi-store national retial chains.
Reason for Selling:
Family/health/retirement.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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