Unique wholesale and distribution business established through alternate channels division of a leading snack food company. Products include major brand cookies, crackers, cereal bars, health bars, and fruit snacks. Owner has yearly renewable contract with manufacturer, but is completely independent. Contract territory covers all of southern New Jersey with a customer base including independent supermarkets, big box retailers, and convenience stores. Manufacturer introduces new products biannually, creating brand excitement and enhancing growth potential! Gross Profit is approximately 25%. Main Expenses are warehouse rent, truck insurance, gas, and liability insurance. This business has no marketing expenses.
Candidate will have to demonstrate good financial stability to secure approval from manufacturer for transfer of contract as well as for the purpose of purchasing inventory. New owner could easily expand business by adding new and different products. Since contract with manufacturer has no restrictions on the sale of third party products, your profit potential is unlimited!
The business currently uses rented warehouse space for product storage( this space could be relocated for your convenience). Owner does all driving and deliveries. Truck is included in the sale cost ( 2000 GMC 3500 series)! Two full weeks of training and support also included at no extra charge.
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