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Palm Beach County

  • Listing No.: 109-10399

  • Category: Wholesale

Asking Price $699,000
Down Payment $699,000
Gross Revenue $4,135,007
Total Adjusted Net Income $333,429
Equipment/Fixtures $10,000
Year Established 2008
General Location Palm Beach County
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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 is required.

Gross Revenue $4,135,007 Listed Price $699,000
Total Income $333,429 Down Payment $699,000
Base Rent $0 Square Feet 1300
Total Rent $1,500 Lease Expiration 9/2020
Rent Deposit $0 Lease Options 2 years
Inventory Not Included Leasehold Improvements
Equipment/ Fixtures $10,000 Other Assets
Full-Time Employees 1 Training Period two weeks
Part-Time Employees 2 Special License Required Tobacco Wholesaler Dist
Contract Staff 0 Reason for Selling burned out

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.