WHOLESALE CANDY AND NUT DISTRIBUTER
((Distribution/Wholesale, Food Processing/Distribution, Food Related; Food Related, Food Processing/Distribution; Routes, Route Distribution Businesses)
Brooklyn, New York
Listed Price: $ 1,000,000
Listing ID: XC777889
Listing DetailsGross Revenue: $ 1,500,000
Cash Flow: $ 300,000
FFE: $ 300,000 (Included in Price)
Inventory: $ 300,000
Form of Ownership: C Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLERS WILL PROVIDE FULL TRAINING
Listing SummaryBusiness Description:
WHOLESALE CANDY AND NUT DISTRIBUTER FOR SALE. This well established business is a leader for over two decades.The company has built themselves a sterling reputation among their suppliers and customers alike. They are known for selling only the very best quality candy and nuts on a consistent basis.
Historical Summary:
This family owned business has established itself as a leading candy and nut distributer in the tri-state area. They have grown to over 20 routes serving hundreds of stores who display their products on company owned racks which are constantly filled in by the route salesmen.
Owner Qualifications:
BUSINESS EXPERIENCE
Competition:
A LEADER IN THE FIELD.
Potential Growth:
UNLIMITED. The company is set up for tremendous growth which can be accomplished without adding additional equipment or increasing warehouse space.
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: 5 YEARS MORE
Lease Security: 14000
Monthly Rent: $ 7,000
Square Footage: 10000
Facilities:
THE COMPANY HAS A 10,000 SQUARE FOOT WAREHOUSE/ PACKAGING PLANT WHERE IT PACKAGES CANDY UNDER IT'S OWN LABEL. THE MERCHANDISE IS THEN DISTRIBUTED TO OVER 20 ROUTE VENDORS WHO SELL TO HUNDREDS OF LOCAL RETAIL FOOD STORES , BOTH LARGE AND SMALL AND IS DISPLAYED ON THE COMPANY'S DISPLAY FIXTURES. THE COMPANY OPERATES STATE-OF -THE -ART PACKAGING EQUIPMENT ON PREMISES AND COMPANY OWNED.
OperationYear Established: 1988
Days & Hours of Operation: 8AM-4:30PM 5 DAYS
Owner Hours: 40
Employees: Full Time: 8
Managers: 1
Absentee Owner: No