A cigarette, candy, and beverage distributor composed of four entities under one of the largest distributors in the North East.
A cigarette, candy, and beverage distributor composed of four entities under one of the largest distributors in the North East. Due to long standing vendor and manufacturers dealings, they can buy odd-lot items at large discounts and offer best pricing to their convenience and big-box retail stores.
Distribution: This regional powerhouse, selling in four states, carries the largest assortment of tobacco products. Dominating the region in sales and service, its name is synonymous with AAA credit from their wholesalers.
Operational Strengths: The four entities: buy tobacco products directly from the manufacturers, selling the goods in NJ, PA, CT and MD and also sell to two other of their companies. One company buys its candy and beverages from another of its companies and sells directly to their distributors and end users. A third company only sells to the state of Connecticut. These businesses operate from an owned 83,000 SF building that earns approximately $ 800,000 in rental income. The building services the retail public as a walk-in wholesaler. Buyer has the option to purchase the building if desire.
The Transaction: Retirement is the reason for the sale. Sellers are open to a post transition for a specified time period. Company financials are available with an executed NDA and proof of funds.