Listing Number: 17441-697244
Description
The Box Business
• Established in 1984
• Proprietary Packaging System based on patents granted in 1998
• Manufactured in the US by third-party to Company specifications since 1999
• Diversified customer base –Top 10 customers represent 33% of revenues
• Long term lease on competitive terms
• Stable, profitable with opportunities for growth
• Boxes approved by UPS and FedEx for shipping liquids
• 375ml bottles, 750ml, 1 L, magnums, wine totes, 12-bottle wine or spirits boxes,
• Wines, Spirits, Beer, Oils, other liquids
• Inserts for extra protection, packing supplies
Customers:
• Clients range from individual collectors to retailers, wholesalers, importers, exporters, distillers, and wineries. This business is highly diversified, with the top 10 clients together representing approx. 33% of revenues.
The Fulfillment Business
• Licensed Wine, Beer and Spirits Fulfillment service and warehouse
• Fulfillment process includes: warehouse management, inventory handling, order processing and shipping
• Facility is secure, insured and bonded
• Quality service and delivery utilizing tested and approved (by UPS and FedEx) corrugated cardboard boxes from its Box Business
• Licensed by State Liquor Authority to ship alcohol across country, subject to State regulations or limitations
Customers:
• Wine or Spirit Clubs, Corporate (gifts, promotional), wineries, distillers, individual consumers
• Top 5 contribute 85% of Revenues; long Term relationships and multi-year agreements
• Regular fulfillment customers include several Fortune 500 corporations who rely upon the Company to support important promotional events and programs
Listing Details
- Price: $2,950,000
- Down Payment: $2,950,000
- Sellers Discretionary Earnings: $746,196
- Total Sales: $2,404,863
- Location: Queens County, New York
- Inventory: $0
- FF&E: $0
- Employees:
- Year Established: 1984
- Reason for Selling: Retirement
- Category: Distribution
