• Listing ID: 1275210
  • (Seller ref: 20602)

Cigarette And Sundry Wholesaler In New York County For Sale


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Asking price:
$2,500,000
Sales revenue:
$31,353,638
Cash flow:
$809,306
Years established:
1965
Employees:
2/2


1/3


One of the top five licensed cigarette and sundry wholesalers in New York. Dominant player in this very regulated market. Cigarette margins are set by the state and guarantee profitability. There is strong possibility margin increases may be approved in near future. In business 53 years and warehouse is extremely cheap and convenient for high volume inventory intake and delivery. 270 regular,long term customers. Superior service guarantee same day service. 50% COD and 50% short term receivables.Three delivery trucks make two deliveries each day. Owner will stay for as long as required to assure a successful transition. Owner just received a new 5 year lease option. Additional years not a problem. Proof of funds is required for more information. Contact broker for more information.


Support & training:
seller will train
Reasons for selling:
Other business interests
Financing available:
1,500,000.00 down & $1,000,000 over 4 years at 6%
Furniture / Fixtures value:
$100,000

For more information about this business for sale, click the Contact Seller button.


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