Two Complimentary Businesses For Sale
Relocatable, NY Queens County
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- RE: Two Complimentary Businesses For Sale
- Contact: Todd Dyste
Quick Facts
| Asking Price: | $2,950,000 | |
| Annual Revenue: | $2,404,863 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $746,196 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 948454 | |
| Broker Reference #: | 17441-697244 |
Business Overview:
The Box Business
• Established in 1984
• Proprietary Packaging System based on patents granted in 1998
• Manufactured in the US by third-party to Company specifications since 1999
• Diversified customer base –Top 10 customers represent 33% of revenues
• Long term lease on competitive terms
• Stable, profitable with opportunities for growth
• Boxes approved by UPS and FedEx for shipping liquids
• 375ml bottles, 750ml, 1 L, magnums, wine totes, 12-bottle wine or spirits boxes,
• Wines, Spirits, Beer, Oils, other liquids
• Inserts for extra protection, packing supplies
Customers:
• Clients range from individual collectors to retailers, wholesalers, importers, exporters, distillers, and wineries. This business is highly diversified, with the top 10 clients together representing approx. 33% of revenues.
The Fulfillment Business
• Licensed Wine, Beer and Spirits Fulfillment service and warehouse
• Fulfillment process includes: warehouse management, inventory handling, order processing and shipping
• Facility is secure, insured and bonded
• Quality service and delivery utilizing tested and approved (by UPS and FedEx) corrugated cardboard boxes from its Box Business
• Licensed by State Liquor Authority to ship alcohol across country, subject to State regulations or limitations
Customers:
• Wine or Spirit Clubs, Corporate (gifts, promotional), wineries, distillers, individual consumers
• Top 5 contribute 85% of Revenues; long Term relationships and multi-year agreements
• Regular fulfillment customers include several Fortune 500 corporations who rely upon the Company to support important promotional events and programs
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Property Features and Assets:
The business was established in 1984. It’s position as a fulfillment center grew to include a line of shipping boxes that were patented in 1998
Market Competition and Expansion:
• Strong Reliable, growing revenues and margins.
• Asset Light with minimal capital expenditures required
• Reliable Free Cashflow
Trade shows and direct marketing would be expected to increase sales.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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