Listing Details:

• Business Category:     Distribution
• Price:                             $2,950,000
• Gross Revenue:            $2,404,863
• SDE:                               $746,196
• Employees:                  Small staff supplemented with temporary                                                   workers        
• Support & Training:        8-12 weeks, Additional flexibility                                                                to be agreed upon
• Reason for Selling:      Retirement
• Non Compete:               3 years
• Years Owned:                40

Introduction

Successful enterprise has built a leading position in its niche markets delivering proprietary cardboard shipping boxes for wines, beers, and spirits.

Complementary to the shipping box business, the company performs licensed fulfillment and shipping of Wine, Beer and Spirits nationally from its licensed and bonded warehouse

Business 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

Business History

The business was established in 1984. It’s position as a fulfillment center grew to include a line of shipping boxes that were patented in 1998

Growth Potential

• Strong Reliable, growing revenues and margins.
• Asset Light with minimal capital expenditures required
• Reliable Free Cashflow

Facilities

Office and warehouse is leased (5,000 sq/ft)