Tobacco Wholesaler with Huge Runway for Growth

Palm Beach County, FL (Relocatable)

Tobacco Wholesaler with Huge Runway for Growth
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Asking Price: Get Financing: $699,000

Cash Flow: $333,429

Gross Revenue: $4,135,007

EBITDA: $333,429

FF&E: $10,000

Inventory: $50,000*

Established: 2008

*not included in asking price.

Tobacco Wholesaler with Huge Runway for Growth

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Business Description

Tobacco Wholesaler and Distributor for Sale. An established niche with very few competitors and huge runway for growth. New owner with more buying power can massively increase gross profit margins by buying more product in bulk and getting much better deals from the manufacturers. New owner can also hire sales people (current owners have none) and can massively increase customer penetration. Business established for ten years. Current owners are burned out and need a change of pace in their lifestyle. Company distributes tobacco products (including generic cigarettes, name brand low-end cigars, and assorted other tobacco-related products) to hundreds of customers (typically convenience stores, gas stations, vape stores, etc) from Vero Beach to Broward. Simple business to operate as tobacco is easily transportable. Low overhead as company just has three employees and a 1300 sq ft office/warehouse for $1500/month rent. Company also launching a website targeting retail customers nationwide..this will reap higher margins and has the advantage of selling from Florida where there is no state sales tax on cigars! Advertised income is approximation due to the cash nature of the business...seller looking for an experienced buyer/operator who has some understanding of tobacco wholesale business. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form required.

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
two weeks
Reason for Selling:
semi-retirement
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(from currently available funds)
 
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martin berliant

Business Listed By:
martin berliant

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