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- RE: Semi-Absentee Snack Food Wholesaler Distributor
- Contact: Ken Stein
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $1,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $115,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1990 | |
Employees: | 4 | |
BBN Listing #: | 81204701 | |
Broker Reference #: | 14934 |
Business Overview:
A well-known, leading regional Wholesaler and Distributor of Snacks and so much more is available for sale. This well-established business for over 30 years is currently operating semi-absentee and has been priced to SELL QUICKLY at only $375,000 plus Inventory. The Company is being run by ownership who do not have the time to truly devote to running this business. Both owners are involved in many other business ventures and are the first ones to tell you how much money they are leaving on the table. There is no sales effort and no significant effort in leveraging their vast quantity of products to develop year-round gift items. The Company has a very large customer base including some of the best well-known supermarket chains, restaurants, caterers, and specialty retailers in the marketplace. This is a well-diversified company WITHOUT any customer concentration. The Company also sells on the Internet and as such, does NOT have any geographic limitations plus they have developed some strong niche profitable revenue streams. A more hands on owner with strong business acumen who can take aggressive sales and marketing initiatives would be able to PROPEL the sales and profits of this company. A very strong foundation is in place for new ownership to springboard from. The Company is a sleeping giant which can be developed into a National Distribution Company from its current regional New York, Tri-State Market. With an excellent reputation established over 30 years, no customer concentration, multiple revenue streams and a huge customer base, this Company represents an amazing growth opportunity. When inquiring about this listing please refer to listing number 14934.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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