Synergy Brands, Inc. · Syosset, NY United States ·(Pink Sheets: SYBR)
Company Description
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Wholesale distributor Synergy Brands brings Tide, Nyquil, and Pantene together. The company distributes branded consumer products such as grocery items and health and beauty aids through its PHS Group, which accounts for nearly all of Synergy Brands' sales. PHS also participates in the private-label grocery market as a producer and distributor of items such as baking mixes and spices. Synergy Brands plans to sell its other main business, Gran Reserve, which engages in business-to-consumer (B2C) operations such as BeautyBuys.com (beauty care products), CigarGold.com (premium cigars sold via the internet), and Cigars Around the World (cigar sales in restaurants, hotels, and casinos). To read the full description, subscribe now.
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Key Synergy Brands, Inc. Financials
| Company Type | Public - Pink Sheets: SYBR Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $89.5 |
| 2007 Employees | 40 |
Synergy Brands, Inc. Executives
7 executives listed for Synergy Brands, Inc.'s Syosset, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Mair Faibish | Network |
| CFO, Treasurer, and Secretary | Mitchell Gerstein | Network |
| Coporate Counsel | Randall Perry | Network |
Competition
Competitive Landscape for Synergy Brands, Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Synergy Brands, Inc. Competitors
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