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MUST SELL Snack Food Wholesaler Distributor for Sale
Listing Number: 12588

Location: Long Island
Asking: $399,000
Gross: $1,500,000
Cash Flow: $150,000

Summary Description:

  This very well-known leading regional Wholesaler and Distributor of Snacks and so much more is priced to sell. This well established business for over 25+ years is currently operating ABSENTEE and has been priced to SELL QUICKLY. The seller’s personal issues have forced him to aggressively market this business for sale and the business is priced to sell at only $399,000 plus inventory. Inventory averages from $100,000 to $200,000 depending on the season. They have a great customer base of some of the best well-known supermarket chains, drug stores, restaurants, caterers, and specialty retailers in the marketplace. This is a well-diversified company WITHOUT any customer concentration. This food distributor does NOT have any geographic limitations and they have developed some strong niche profitable revenue streams. A more hands on aggressive sales and marketing owner with strong business acumen would be able to PROPEL the sales and profits of this company. There is not any reason why they should not have sales revenue north of $5M. Truly a sleeping giant that can be developed into a National Distribution Company from its current regional New York Tri State Market. The company has an excellent reputation, no customer concentration and they even have developed some proprietary patented products. When inquiring about this listing please refer to listing number 12588.

Contact Information:

Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: buyerdept@kensingtoncompany.com

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