Wholesale Sugar Distributor

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$2,560,000

Gross Revenue$30,844,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Wholesale Sugar Distributor


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$2,560,000

Gross Revenue$30,844,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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.
Listing Info
ID
2271791
Listing Views
750
Attached DocumentsAttachment Disclaimer

Teaser_v_1_BN000058359_Wholesale_Sugar_Distributor.pdf


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Business Listed by: Derek Avdul Benchmark International

Listing ID: 2271791 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.