Established Liquor Import And Distributor Business For Sale SOLD for 3.15X SDE

Price: $695,000

Location: Red Bank NJ

Industry: Alcohol Import and Wholesale Distributor

Listing ID: BAE201605


Listing Description

 

 

Business Description

This well-established Jersey Shore  area beer, wine and liquor import and non-alcoholic beverage distribution company boasts coveted accounts throughout the Central Jersey area and generates over $2 million in gross revenues via its diverse income stream. The sale includes this bustling enterprise’s local craft beer and beer import and distribution business, together with its non-alcoholic beverage distribution business, its wine and spirit import and wholesaler licenses, its 4 case delivery vans (one with a payment to be assumed in the sale), and its unmatched 250+ strong client list primarily comprised of the most respected large volume retailers, cafes, delis, coffee shops, corporate office buildings, large chain stores and independent grocery stores. The company has exclusive distribution rights from a top craft beer brand, and has posted up to 10% year-over-year annual sales increases!

This company occupies 4,200 square feet of prime office and warehouse real estate. The facility, together with its spacious 2,400 square foot staging area, leases for approximately $4,000 per month on a secure lease that does not expire until 2019. The sale includes all of company’s furniture, fixtures, equipment and tremendous goodwill. A van payment with $25k owed will be taken over in the sale. Approximately $125,000 in inventory will be sold at cost at close, in addition to purchase price.

As the Jersey Shore market is one of the most sought after in the nation for beer, wine, liquor and non-alcoholic beverage distribution, competition naturally exists. With this said, this well established firm is able to surpass its competition due to its highly unique niche-market alcoholic products, its superior customer service and its highly dedicated staff.

 

Business Operation

Competition / Market:

With the  licenses this firm possesses, new operators will seek to take this opportunity in any number of directions. If they already have an established distribution network, they will wish to provide their clients this firm’s unique and hard to find product offering, while also capitalizing on this company’s ideal client base by distributing their own products through this company’s coveted high volume sales channels. New operators will want to utilize all of the firm’s licensing entitlements!

Reasons for selling:

Health Related

Employees:

12

Years established:

1997

 

Other Information

Support & training:

3 Weeks at 20 hrs/wk

Furniture / Fixtures value:

Undisclosed (included in the asking price)

Inventory / Stock value:

$125,000 (included in the asking price)

Contact Us

Call Cody Weaver at (646) 737-5273

Listing Details

Down Payment: $500,000

Total Sales: $2,094,725

Cash Flow: $202,000

Inventory: $125,000 (Included in Price)