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Asking Price$500,000
Revenue$8,500,000 Established2007
Cash Flow$200,000 Employees2 full, 2 part
FF&E$75,000 FranchiseNo
Inventory$115,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
One of only 62 licensed cigarette and sundry wholesalers (sub jobbers) in NYC. Dominant player in this very regulated market. Cigarette margins are set by the state and guarantee profitability. 90% tobacco sales and 10% sundries and candies. There is strong possibility margin increases may be approved in near future. Downtown warehouse is convenient for high volume inventory intake and delivery. Customers are Manhattan below 86th street. 160 regular,long term customers-delis,smoke shops, convenience stores, gas stations, newsstands, etc. Superior service, guaranteed same day service. COD and bill to bill. Two delivery trucks make two deliveries each day. Buyer could add beverages and E Cigs. Owner will stay for as long as required to assure a successful transition. 3 years left on lease-extension no problem. Add more sundry/candies for more revenue. Add beverages. Additional years not a problem. Proof of funds is required for more information. For More Information Contact Your Local Vested Business Broker, at 1-877-735-5224.
Training/Support:the seller will train the new buyer.
Seller Financing:500,000.00 Down
Sale Reason:Retirement
Ad #74384
Seller Reference #23425
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Contact This Seller
Joseph Stansky Esq
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