Wholesale Sugar Distributor
Business Description
Description:
The Company is a wholesale distributor of various types of ethically sourced sugar. The Company supplies multiple types of high-quality, non-GMO, bone char-free, and kosher-certified sugars to customers across the United States.
Key Aspects:
• Strong Financial Growth: The Company has experienced strong growth in recent years, with revenue and adjusted EBITDA increasing at a compound annual growth rate (CAGR) of 77.2% and 49.3%, respectively, from 2021 to the trailing twelve months (TTM) ending May 31, 2024.
• East Coast Expansion: In 2022, the Company expanded its operational footprint to the East Coast, with revenue generated from its new location growing 47% from 2022 to 2023.
• Positive Reputation: The Company’s logistics team collaborates closely with customers to ensure smooth and efficient sugar order pickups and deliveries, earning a reputation for reliability, trustworthiness, and unparalleled customer satisfaction.
• Advantageous Pricing from Suppliers: Due to the Company's reputation for rapid inventory turnover and substantial purchase orders, it has secured favorable pricing and shipping terms from suppliers, allowing it to offer below-market rates and attract new clients.
Opportunities:
• Expand Geographically: Focus on extending market reach to other regions of the United States, particularly the South and Midwest.
• Customer Base Growth: Target new customers in diverse industries, such as pharmaceuticals and alcoholic beverages, which use sugar as a primary ingredient.
• Inventory Increase: Given the high market demand for sugar, prioritizing inventory growth will enable the Company to boost sales significantly.
• Implement Strategic Marketing Campaign: Increase annual advertising & marketing initiatives to enhance customer base and digital presence.
Headquartered:
• Western, US
Current Markets:
• The Company provides high-quality wholesale cane sugar to food distributors, industrial manufacturers, restaurant chains, and food retailers throughout the United States.
Real Estate:
• The Company leases two 20,000 sq. foot warehouses in the Northeast and Western, US.
• Additionally, the Company leases an office space for its headquarters in Western, US.
Shareholder Ownership:
• The Company is equally owned by two shareholders. One shareholder is not active in the business, and one shareholder is looking for a strategic partnership to help scale the Company.
The Company is a wholesale distributor of various types of ethically sourced sugar. The Company supplies multiple types of high-quality, non-GMO, bone char-free, and kosher-certified sugars to customers across the United States.
Key Aspects:
• Strong Financial Growth: The Company has experienced strong growth in recent years, with revenue and adjusted EBITDA increasing at a compound annual growth rate (CAGR) of 77.2% and 49.3%, respectively, from 2021 to the trailing twelve months (TTM) ending May 31, 2024.
• East Coast Expansion: In 2022, the Company expanded its operational footprint to the East Coast, with revenue generated from its new location growing 47% from 2022 to 2023.
• Positive Reputation: The Company’s logistics team collaborates closely with customers to ensure smooth and efficient sugar order pickups and deliveries, earning a reputation for reliability, trustworthiness, and unparalleled customer satisfaction.
• Advantageous Pricing from Suppliers: Due to the Company's reputation for rapid inventory turnover and substantial purchase orders, it has secured favorable pricing and shipping terms from suppliers, allowing it to offer below-market rates and attract new clients.
Opportunities:
• Expand Geographically: Focus on extending market reach to other regions of the United States, particularly the South and Midwest.
• Customer Base Growth: Target new customers in diverse industries, such as pharmaceuticals and alcoholic beverages, which use sugar as a primary ingredient.
• Inventory Increase: Given the high market demand for sugar, prioritizing inventory growth will enable the Company to boost sales significantly.
• Implement Strategic Marketing Campaign: Increase annual advertising & marketing initiatives to enhance customer base and digital presence.
Headquartered:
• Western, US
Current Markets:
• The Company provides high-quality wholesale cane sugar to food distributors, industrial manufacturers, restaurant chains, and food retailers throughout the United States.
Real Estate:
• The Company leases two 20,000 sq. foot warehouses in the Northeast and Western, US.
• Additionally, the Company leases an office space for its headquarters in Western, US.
Shareholder Ownership:
• The Company is equally owned by two shareholders. One shareholder is not active in the business, and one shareholder is looking for a strategic partnership to help scale the Company.
Listing Info
- ID
- 2271791
- Listing Views
- 750
Attached DocumentsAttachment Disclaimer
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