Sector: confectionary, tobacco & soft drinks
SIC Code: 59990000 MISCELLANEOUS RETAIL STORES, NEC
Country of Origin: United States |
Target Areas: North America, Central America
These firms share an 88,000 SF warehouse stocked with confectionary, tobacco & soft drink products generating 50-70% wholesale and 30-50% retail sales. Products sold in the Northeast, where the brand is well rooted in communities and sought after for fair pricing, ability to deliver and its walk in “cash & carry” business. Rated AAA by its suppliers, it allows them to buy bulk, discontinued and other products at exceptionally large profit margins. Company has its own fleet of trucks.
Revenue 2019: EUR 97,800,000
EBITDA 2019: EUR 3,500,000
Asking Price: on request
Revenue Multiple 2019: 0.00
EBITDA Multiple 2019: 0.00
The building is owned by the sellers and they will provide lease options to buy or an outright purchase. The combined rental paid in 2019 was $ 480,000. Inventory & Accounts Receivables for 2019 totalled $ 6.9 MM and $ 4.3 MM respectively. The inventory will not be included in the asking price of these combined businesses.
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