10 Yr Est. Semi-Absentee Wholesale Snack Distributor Co | $260k Net - Business for Sale
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Wholesale Snack Distributor in New York Metro Area
Merrick, NY, US
Added today
Wholesale Snack Distributor
10 years in business
Absentee / Semi-AbsenteeRetiring Owner
Wholesale snack and packaged goods distributor serving the New York metro area with daily delivery routes and a diverse customer base of independent convenience stores and small retailers.
Key Information
Asking
$950K
Revenue
$2.7M
Earnings
$261K
Multiple
3.6x
Key Highlights
- Years in operation: 10
- Owner works approximately 10 hours per week (semi-absentee)
- Eight W2 employees, including 3 field sales representatives
- Approximately 1,000 active accounts; largest customer represents 1.2% of annual sales; top 10 customers combined represent 8.3%
- 1,300 to 1,400 active SKUs across snacks, candy, soda, and grocery
- Two company-owned cargo vans (2020 Ram ProMaster 3500 and 2019 Ram ProMaster 2500)
- Operates from a 5,000 sq ft warehouse and office
- No seller financing or SBA financing available
Contact Info
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