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Business for Sale Summary

Cigarette Sundry Candy - New York County, NY - 23425

Business Type: misc. wholesale/distribution/non-classifiable
Cigarette Sundry Candy - New York County, NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $8,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View


$500,000 Down and

Business Description

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.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.