10 Yr Est. Semi-Absentee Wholesale Snack Distributor Co | $260k Net
Business Description
• Established Operation: 10 years of continuous operation under the same ownership, distributing snacks, candy, soda and packaged grocery items throughout the New York metro market.
• Semi-Absentee Ownership: Owner works roughly 10 hours per week, functioning as a part-time general manager handling administrative tasks, receivables and cost of goods oversight. An eight-person W2 team handles field sales, warehouse, delivery and administration.
• No Customer Concentration: Approximately 1,000 active accounts with most of them purchasing on a consistent cycle. The largest single customer represents 1.2% of annual sales, and the top 10 combined represent 8.3%.
• Route-Based Recurring Purchasing: Daily delivery routes into Brooklyn, Queens, the Bronx, Manhattan and Long Island, driven by consistent weekly and biweekly reorder cycles. $250 order minimum per delivery keeps route economics efficient.
• Defensible Channel Position: Roughly 95% of revenue comes from independent convenience stores rather than supermarkets, the inverse of a typical distributor. Larger regional distributors do not service this segment.
• National Brand Relationships: Carries major national snack and confectionery lines, and serves as a route to market for brands introducing products into the independent convenience channel.
• Diverse Account Base: Convenience stores, bagel shops, car washes, grocery stores, pharmacies and gas stations.
• National Brand Relationships: Carries major national snack and confectionery lines, and serves as a route to market for brands introducing products into the independent convenience channel.
• Deep Product Catalog: 1,300 to 1,400 active SKUs across snacks, candy, soda and grocery.
• Sales Team in Place: 3 field representatives service the existing account base and take orders on route, so the revenue function does not sit with the seller.
• Vehicles: Two company-owned cargo vans, a 2020 Ram ProMaster 3500 and a 2019 Ram ProMaster 2500, operating from a 5,000 SQ FT warehouse and office.
• Growth Potential: Add routes into Long Island and Staten Island, both currently under-covered. Broaden the mix into higher-margin categories such as protein snacks and better-for-you products. Pursue larger accounts including gyms, schools, office buildings, hotels and medical campuses.
• Inventory: Approximately $120,000 to $130,000 on hand, sold separately from the asking price.
• Reason for Sale: Owner is retiring and wants to spend more time with family.
• Transition: Seller is committed to a structured transition and a smooth handoff of supplier relationships, purchasing practices and route knowledge.
• Financing: No seller financing. No SBA Financing available.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
• Semi-Absentee Ownership: Owner works roughly 10 hours per week, functioning as a part-time general manager handling administrative tasks, receivables and cost of goods oversight. An eight-person W2 team handles field sales, warehouse, delivery and administration.
• No Customer Concentration: Approximately 1,000 active accounts with most of them purchasing on a consistent cycle. The largest single customer represents 1.2% of annual sales, and the top 10 combined represent 8.3%.
• Route-Based Recurring Purchasing: Daily delivery routes into Brooklyn, Queens, the Bronx, Manhattan and Long Island, driven by consistent weekly and biweekly reorder cycles. $250 order minimum per delivery keeps route economics efficient.
• Defensible Channel Position: Roughly 95% of revenue comes from independent convenience stores rather than supermarkets, the inverse of a typical distributor. Larger regional distributors do not service this segment.
• National Brand Relationships: Carries major national snack and confectionery lines, and serves as a route to market for brands introducing products into the independent convenience channel.
• Diverse Account Base: Convenience stores, bagel shops, car washes, grocery stores, pharmacies and gas stations.
• National Brand Relationships: Carries major national snack and confectionery lines, and serves as a route to market for brands introducing products into the independent convenience channel.
• Deep Product Catalog: 1,300 to 1,400 active SKUs across snacks, candy, soda and grocery.
• Sales Team in Place: 3 field representatives service the existing account base and take orders on route, so the revenue function does not sit with the seller.
• Vehicles: Two company-owned cargo vans, a 2020 Ram ProMaster 3500 and a 2019 Ram ProMaster 2500, operating from a 5,000 SQ FT warehouse and office.
• Growth Potential: Add routes into Long Island and Staten Island, both currently under-covered. Broaden the mix into higher-margin categories such as protein snacks and better-for-you products. Pursue larger accounts including gyms, schools, office buildings, hotels and medical campuses.
• Inventory: Approximately $120,000 to $130,000 on hand, sold separately from the asking price.
• Reason for Sale: Owner is retiring and wants to spend more time with family.
• Transition: Seller is committed to a structured transition and a smooth handoff of supplier relationships, purchasing practices and route knowledge.
• Financing: No seller financing. No SBA Financing available.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Years in Operation
- 10
- Opportunities for Growth
- Add routes into Long Island and Staten Island, both currently under-covered. Broaden the mix into higher-margin categories such as protein snacks and better-for-you products. Pursue larger accounts including gyms, schools, office buildings, hotels and medical campuses.
About the Sale
- Seller Motivation
- Owner is retiring and wants to spend more time with family.
- Transition Support
- Seller is committed to a structured transition and a smooth handoff of supplier relationships, purchasing practices and route knowledge.
- Financing Options
- No SBA or Seller Financing available
Listing Info
- ID
- 2547033
- Listing Views
Listing ID: 2547033 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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