High Grade Beverage Revenue and Competitors

Monmouth Junction, NJ USA

Location

N/A

Total Funding

Warehousing

Industry

Estimated Revenue & Valuation

  • High Grade Beverage's estimated annual revenue is currently $35M per year.(i)
  • High Grade Beverage's estimated revenue per employee is $324,074

Employee Data

  • High Grade Beverage has 108 Employees.(i)
  • High Grade Beverage grew their employee count by 8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$7.5M313%N/AN/A
#2
$7.5M2335%N/AN/A
#3
$3.5M380%N/AN/A
#4
$35M1088%N/AN/A
#5
$35M28-20%N/AN/A
#6
$3.5M490%N/AN/A
#7
$35M50N/AN/AN/A
#8
$300M4248%N/AN/A
#9
N/A2210%N/AN/A
#10
$1.7M3410%N/AN/A
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High Grade Beverage (HGB) is a franchised wholesale beverage distributor of malt beverages, wine, spirits and soft drinks. HGB sells and services retailers in 7+ counties in the state of New Jersey. The "home office" is located in South Brunswick, NJ and delivers to Middlesex, Somerset, Union and Hunterdon Counties. The other distributorship services Morris, Sussex, Warren and sections of Passaic Counties and is located in Randolph, New Jersey. Each High Grade Beverage facility has "state of the art" equipment and warehousing. Computerized refrigerated warehouses, better known as controlled environmental warehouses (CEW), have been designed to maintain specific temperatures for the various months of the year in order to insure product quality, freshness and integrity. The Randolph operation is modeled in design and structure to the corporate headquarters in South Brunswick. Eye appeal and tidiness are the order of the day for all operations, but this does not belie the fact that both facilities are quite practical and efficient. High Grade represents various products of national brewers and importers. Anheuser-Busch, Heineken USA, and LaBatt USA beverages are all distributed by High Grade Beverage. HGB maintains a significant inventory for its soft drinks, iced teas, waters and sports drinks. Briar's USA, which is owned by the DeMarco family, has carved a niche in the birch sarsaparilla and several specialty flavors. These products are available in many packages and draft (barrels) to meet the needs of today's varied consumers. Packages range in size from 1/2, 1/4 and 1/6 kegs to beer balls to 7 oz., 8 oz., 12oz., 16oz., 22oz., 24oz., 32 oz., ... to 40oz. containers. The cases range from six packs, twelve packs, eighteen packs, twenty-four packs and thirty packs, just to enumerate the variety of packages available to our retailers. Distribution is limited to wholesale customers with liquor licenses in the assigned territories. These establishments may be recognized as: package stores, restaurants, taverns ,bars, pubs, and among other places of business. High Grade Beverage does not sell directly to the public. High Grade Beverage (HGB) is totally committed to offering superior service and quality to our customers. In 1981, 1982 and 1983 HGB was nationally recognized for outstanding performance as an Anheuser-Busch Wholesaler with a Silver - Dimensions of Excellence Award. The ensuing year, High Grade Beverage was presented the Golden "Ambassador" Award, the highest accolade Anheuser-Busch may bestow upon a wholesaler, for outstanding accomplishments in sales, management and warehousing. If you would like to set up an account or talk to a sales representative, call us at 732-821-7600 or e-mail us at info@hgbev.com.

keywords:N/A

N/A

Total Funding

108

Number of Employees

$35M

Revenue (est)

8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

High Grade Beverage's People

NameTitleEmail/Phone
1
SalesReveal Email/Phone
2
Corporate Director Human ResourcesReveal Email/Phone
3
Soft Drink Sales ManagerReveal Email/Phone
4
IT ManagerReveal Email/Phone
5
Vehicle Maintenance ManagerReveal Email/Phone
6
Sales ManagerReveal Email/Phone
7
Operations ManagerReveal Email/Phone
8
Merchandising managerReveal Email/Phone
9
Office ManagerReveal Email/Phone
10
Brand ManagerReveal Email/Phone

High Grade Beverage News

2022-04-17 - Messer Safeguards Product Quality and CO2 Supply for the ...

Messer offers a dependable supply of high-quality beverage grade CO2 and nitrogen backed by timely service and technical know-how. At BevTech...

2022-04-17 - Ahead of mandate, beverage brands disclose RPET stats

In terms of PET, some big beverage companies are already complying with the law by averaging high RPET content in their bottles sold in...

2022-04-06 - Timothy James Yanovich

Tim graduated from Lenape Valley Regional High School in 1992. He was a driver at High Grade Beverage in Randolph, NJ for 18 years.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$19.9M131-1%N/A
#2
$46.9M1630%N/A
#3
$53.2M1821%$22.6M
#4
$55.6M30728%N/A
#5
$35M3866%N/A

High Grade Beverage Executives


NameTitle
Jeffrey EpsteinFinancial Vice President/CFO
Jeffrey EpsteinFinancial Vice President/CFO
Guy BattagliaVP