Snack Food Distributor In New England SBA-Prequalified

Price: $1,000,000

Location: Single location

Industry: Wholesale and Distributors

Listing ID: CM6132024

***Confidential Listing - Not in the indicated location***

SBA-Prequalified

This long-established snack food distributor serves large parts of New England. They are full-service Direct Store Delivery (DSD) merchandisers, filling store shelves with everything they sell and keeping displays fresh and attractive.
They serve 300 regular customers, plus another 100 seasonal customers, delivering snack foods to convenience stores, local markets and other customers. This is a robust business with sales and profits that continue to grow year over year.
They supply a wide variety of snack foods including locally made meat snacks, nut & trail mixes, candy, cookies, gum, mints, chips, crackers and a lot more. These include many very strong, internationally known brand names.
If you’ve ever looked at the display racks in a convenience store, you’re looking at a good representation of what this company sells and stocks.
They are respected not only for their excellent customer service but also for their 100% sales guarantee. If they stock a product that doesn’t sell, they’ll pick it up and credit the customer!
This is part of the reason that the company has almost no competition in their niche.
After 25 years of building this business, the sellers are ready to hand the reins to a new owner and retire.

Financials
Purchase Price: $1,000,000
Cash Flow: $360,400
Gross Revenue: $2M
Inventory: $160,000+/- (included in the purchase price)
FF&E: Included
Real Estate: $2,500/month lease, NNN. Buyer must relocate within 12 months.
Employees: 6 FT, 2 PT, including sellers
Founded: 1999
Days Open: 5
Reason for Sale: Retirement
Opportunities for growth: Expand the service footprint. Update the website to enable e-commerce.
Training: The seller will assist with the transition.

Gross Revenue: $2,000,000

Cash Flow: $360,400

Inventory: $160,000

Terms & Conditions:

Real Estate: $2,500/month lease, NNN. Buyer must relocate within 12 months

Reason for Sale:

Seller is seeking retirement.

Training & Support:

Seller will train and support to ensure a smooth transition.

Year Established: 1999

Days & Hours of Operation: 5 Days week.

Employees: 6 FT, 2PT, Including sellers.

Monthly Rent: 2500

Type of Location: Single location

Potential Growth:

Expand the service footprint. Update the website to enable e-commerce.

Financing/Terms:

SBA-Prequalified