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Asking Price$13,000,000
Revenue$37,441,952 Established1992
Cash Flow$3,048,042 Employees24 full-time
FF&E$300,000 FranchiseNo
Inventory$5,000,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Business Description:
THIS DISTRIBUTORS CORE CLIENTELE ARE OWNERS OF REGIONAL SUPERMARKETS, CONVENIENCE STORES, BODEGAS AND OTHER SMALL STORES. What customers see when they enter the facility is a selling floor setup and organized exactly like a traditional warehouse club with proper signage, products and inventory all neatly displayed and organized on metal racked shelves.
The 50,000 square foot warehouse is well organized and filled from floor to ceiling. The $5,000,000 of inventory includes a wide assortment of non-perishable food items, over the counter drugs, beauty aids and other dry goods. In all they stock over 6,000 different items that are routinely purchased by their loyal customer base who come from all over the region. This company carries many items that no other competitor has. All the items are bar-coded and all purchases are recorded on the POS system. In addition the facility is monitored by security camera to prevent theft. The company owns 4 trucks that are used for deliveries.

This Company Sales are focused in the following categories:

-  Health
-  Beauty
-  Candy
-  Non-Perishable Meats & Cheeses
-  Frozen Foods
-  Non-Alcoholic Beverages
-  Paper Goods
-  Janitorial Supplies

Historical Summary:
Established 28 years ago this Company has been built at a steady pace due to managements focus on constantly delivering a positive experience to their customer base.
*The company recently moved from a 28,000’ building into its brand new 50,000’ facility. This new location has ample room for storage allowing the company to now meet minimums and buy direct from major vendors vs purchasing from sub-distributors increasing the companies bottom line.
**The Company recently expanded it’s cold non-perishable meats and cheese offerings and increased its frozen food section significantly.
***Deliveries through online ordering and orders from sales agents calling on customers in the field continue to increase every year.
****The business is considered an “Essential” Business.
ALL SALES ARE RECORDED AND ON THE BOOKS. This business grows every year and 2020 will be the biggest year yet!
Facilities:Lease Expire:0000-00-00 Option:Y Lease Security:116000 Monthly Rent:$ 58,300 Square Footage:50000 Type of Location:Stand Alone Facilities: Brand new 50,000 square foot building located at the entrance to one of the most important and vibrant commercial zones in the Tri-State area. The interior selling floor is completely and newly pallet racked and the frozen food section has been outfitted with all new walk-in refrigeration and frozen food display cases. The building has 7 loading docks and a great parking lot. More than enough storage space inside to buy direct from vendors. The facility is monitored by an advanced security camera system and full alarm. Company owns 4 delivery trucks which are parked on the premises.
Competition:A true leader in its market catering to the ethnic markets on items that no other competitor sells. This company also imports specialty items that they have alone.
Growth Potential:Growth will continue into the future with the companies recent strategic move to a new facility, continuing to add product lines, adding more salesman to target underserved markets and continuing to add proprietary imported items.
Training/Support:Seller will completely train a new owner. Seller is open to continue running the business for a new owner for an extended period of time.
Seller Financing:NEGOTIABLE
Ad #122968
Seller Reference #CNY3331102
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MEL LISITEN
LISITEN ASSOCIATES
212 661-4160
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