Profitable California Distributor of Distilled Spirits, Wine, & Beer

California
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Gross Revenue:$7,260,000
Rent:$14,760/Month
FF&E:$314,000
Inventory:$640,000
EBITDA:$593,000
Established Year:1997
BUSINESS DESCRIPTION

A specialty wholesale distributor of distilled spirits, wine and beer with over 25 years of distribution in the seventh largest economy in the world, California. California has a deep market with $3B of whiskey annually, $3.6B of vodka and $1B of rum.

Business sales are 80% in liquors. The Company carries over 1,100 product offerings, many of which are only available through them. Has 3,400+ active off and on-premise customers.

The majority of the brands carry excellent recognition along with multiple awards. Most of their suppliers assign only one distributor in each state, protecting market presence.

Serving the entire state with its two locations in Northern and Southern California, major hubs for the distribution. The company has its own storage and transportation facility which fosters robustness and reliability.

Skilled and experienced sales force serving both Northern and Southern California; with over 50% of it’s employees being with the company for over 5 years.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,000
Lease Expiration
31/10/2027
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two specialized warehouses with trucks and equipment.
Competition
Very few competitors. Customer loyalty due to the quality of products and longevity of their relationships; 30% of sales to large retail chains.
Growth & Expansion
There is an expansion potential nationally leveraging the existing importer license. The well trained sales force could offer more brands to existing customers as well as obtaining new customers.
Support & Training
Negotiable.
Reason for Selling
Retirement
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