| Asking Price |
$595,000 | Inventory |
tbd (est 350k)** |
|---|---|---|---|
| Gross Income |
$5,000, 000+ est | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1988 |
| FF&E |
$30,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
The business requires a high degree of liquidity. Dollar turn is rapid, e.g. in and out. The owner takes orders and delivers to aboout 150 vendors. Most are long time customrers and business is cash out for the product and cash payment by the vendor when delivered. Storage time on the floor is short. Cigarettes are stamped by a leased machine and repacked automatically. Delivery is made by truck. There are only two employees. Rent is $1,200+ per month.
Facilities: This wholesale distribution operates from a plain vanilla 1,500 SF warehouse. Adequate parking for truck and employyes.
Competition: No serious competition. The business was started in 1988 by the owner and his wife. They are the prime vendors of fourth tier cigarettes and sundries. New outlet recently established in nearby city.
Growth/Expansion: The business is very expandable. Owner is presently selling six major brands of fourth tier tobacco products that is extremely profitable. The sales are on a dramatic upswing. Revenue is growing exponentially, double last year.
Financing: N/a
Support/Training: 30 days transition.
Reason Selling: Owner has established another home construction business, time for a change.

Dick Snow
540-582-8600
Snow Realty, Inc.
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