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WHOLESALE CANDY AND NUT DISTRIBUTER - Business For Sale

Brooklyn, New York, United States

Listing: 309 | Ref: Unspecified | Agent: 61
Asking Price: USD $1,200,000.00
Gross Income: USD $1,500,000.00
Cash Flow: USD $300,000.00
Fixtures & Fittings: USD $300,000.00
Stock & Inventory: USD $300,000.00
Owner Financing: Yes
Finance Available: NEGOTIABLE
Year Established: 1988
Trading Hours: 8AM-4:30PM 5 DAYS, Owner Hours: 40
Employees: Full Time: 8, Managers: 1
Terms of Sale: Share Capital
Buy a WHOLESALE CANDY AND NUT DISTRIBUTER business for sale

Business 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

Detailed Information

Expansion Potential: UNLIMITED. The company is set up for tremendous growth which can be accomplished without adding additional equipment or increasing warehouse space.

Competition & Market Info: A LEADER IN THE FIELD.

Reasons for Sale: RETIREMENT

Support & Training: SELLERS WILL PROVIDE FULL TRAINING

Real Estate Information

Property Type: Leasehold

Lease Terms: 12/31/2016, Option 5 YEARS MORE

Leasehold Rent: Lease Security $14,000, Monthly Rent $7,000

Premises Details: 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.

Size (Sq m or ft): 10000 sq ft

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