Landover, MD (Prince Georges County)

Established:1995
Ad#:1796575
 Added:10/21/20

This company has a long standing distributor that delivers a full spectrum of beverage & snack food products.

Managed from its headquarters in Landover, Maryland, the company's experienced 8-person team sells, distributes, and provides full service stocking for national brand beverages to franchised & independently owned gas stations and convenience stores.

Founded in 1995, the company has a rich history of reliability & quality- from the products they carry, to the customers they serve, to their in-house personnel. The company was purchased by the current ownership in 2007 and under their leadership, the company has grown to serve over 300 locations in the Baltimore/Washington D.C. markets.

The company has long standing relationships with its customers with the average client tenure being ~10 years. Their customer base is made up of a mix of national chain stores and individually owned convenience stores.

The company’s sales are recurring in nature and the staff work directly with stores to fulfill weekly purchase orders. All new business is derived through reputation, word of mouth, and in-person sales staff. Zero marketing dollars are being spent to gain new business.

Investment Appeal
Customer Relations - The company has fostered key, repeat relationships with various customers that span 25 years. Nearly all business is reference-based.

Exclusive Rights - The company holds exclusive rights to sell in the southern Maryland region for suppliers.

Organizational Structure - Lean organizational structure allows the company to take on a high volume of businesses by leveraging the experience of its personnel, and by avoiding bureaucratic red tape its competitors suffer from by operating under a hierarchical system.

Efficiency - The company's investment into state-of- the-art inventory software that allows them to streamline logistics and track & deliver products in the most time & cost- efficient manner.

Detailed Information:

Location:
Landover, MD

Employees:
8

Facilities:
Operates out of a warehouse in Landover, MD

Growth & Expansion:
- Invest in online marketing & website as $0 is spent on marketing currently. - Expand product categories: CBD products, coffee, cigarettes, automotive supplies, health & beauty products, etc. - Introduce digital ordering process for repeat customers to place orders remotely - Serve different market segments: office buildings, educational institutions, recreational facilities, vending machines.

Support & Training:
Seller is proud of the business they've built. Their primary goal is to make sure the new Buyer is successful. Hence, owners are willing to stay on post-closing for 60-90 days to assist the new owner in achieving a smooth and successful transition.

Reason for Selling:
Preparing for retirement