Financial Information


  • Asking Price: $1,890,000

  • Gross Income: $3,500,000

  • Cash Flow: $311,106

Description

This company’s diverse product list and next-day delivery offer its clients superior service. Additionally, this business allows customers to purchase in smaller quantities compared to other wholesalers, positioning this company to grab market share for clients who prefer not to stock large quantities – a critical factor in the NYC Metro area. These clients can instead utilize valuable and limited storage for other perishable goods.

The company employs salespeople who go out into the field to take orders. In addition, over the last two years, the company has developed a B2B ecommerce system that has generated rapid growth and new accounts. With over 350 customers. The company has a highly diversified customer base. Each customer represents only a small minority of revenue.

Under current ownership, the company's revenue has grown by 52% and has averaged annual revenues and seller’s discretionary earnings (seller’s discretionary earnings or SDE is Ebitda plus all owner compensation) of over $4.1 million and $486,387 respectively. This is due to an increased customer  base, added product lines, and new technologies to streamline inventory and using predictive modeling to enhance purchasing as well as employing other 3PL parties to lower logistics costs. Data indicates that the business should track at 9-10% growth through the balance of 2023 into 2024.

The business is a great opportunity for private investors, or members of search funds seeking a compelling and scalable acquisition. Alternatively, this is an excellent opportunity for any company in a related or similar business., The primary principles of the business are straightforward and give new ownership the ability to continue sales and growth from day one. The current owners wish to transition from ownership of the business due to family relocation but are willing to stay on for some negotiated period for new owners.

Property Information

  • Listing Number: 12234
  • State: New york
  • County: Kings

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