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Business for Sale Summary

Wholesale Snack Business for sale in NY - 34433

Business Type: misc. manufacturing/non-classifiable,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,other food stores,wholesale/dist businesses
Wholesale Snack Business for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,300,000
Gross Revenues $2,058,011 Lease Remaining Register Free to View
Owner’s Cash Flow $440,000 Number of FT Employees Register Free to View

Financing

$1,300,000 Down and $200k at 6% for 24 months

Business Description

This company is a wholesale distributor of custom snack and nut mixes, as well as name brand snack food items and candy. It primarily services customers located in the NY Tri State area. However, there is also a modest, but steady customer base located throughout the country. The companies top selling items are its proprietary products. The company works with local co-manufacturers to produce its custom snack and nut mixes and works with a combination of manufacturers and local redistributors for other products it sells. The strategic choice to work primarily with local suppliers keeps lead times short and enables the company to keep low inventory levels, minimizes working capital needed, and minimizes the warehouse space needed while still providing great service to its customers. The business has produced consistent financial results for many years but it was impacted by Covid in 2020. The business continues to produce healthy margins but the top-line is still rebounding from covid as many of its customers return to business as usual. The stated numbers are an average of the last 3 years, including 2020 when the business was affected by Covid. For more info contact the listing broker, Nathan Goldstein, at 877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.