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
- Listing Number: 17441-697244
- Location:
- Price: 2,950,000.00
- Down Payment: 2,950,000.00
- Sellers Discretionary Earnings: 746,196.00
- Category: Distribution
- Inventory: 0.00
- FF&E: 0.00
- Employees:
- Years Owned: 40
- Reason for Selling: Retirement
Business Listed By:
- Todd Dyste
- Phone: (612) 325-5399
- Email: tdyste@tworld.com