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Wholesale Food Distribution Business For Sale
Location: United States -> Virginia -> Norfolk
Industry: Wholesale and Distribution > Wholesale and Distribution

Business Summary

Financial information
asking: $680,000
gross: $1,800,000
furniture, fixtures & equipment: $475,000
inventory: $220,000 (not included in price)
financing: seller will assist in financing with reasonable down payment

Summary description
Own and operate a major distributor of restaurant supplies in the largest metropolitan area in the state of Virginia. This distribution includes 2 large refer trucks, a 22,000 warehouse fully refrigerated, existing account base. Present territory includes 2 metro areas in Virginia. Centrally located to easily expand into North Carolina. This has been a word of mouth family business with no outside sales force. An effort to expand the sales force could easily double the sales volume.

General information
Facilities: 22,000 sq. ft. Warehouse distribution center with overhead doors and truck bays.
Competition: business can compete very effectively due to low overhead and low labor costs. Superior customer service and hands on account care has established this business in a regional market. Marketplace.
Growth and expansion: there is a 20x43 refrigerated room fully wired for meat fabrication as well as 3 10x43 walk in coolers and a huge walk-in freezer. Plenty of refrigeration and freezer capability to add meat and seafood to the product offering.
Support/training: present owner will assist in bringing new owner up to speed on all business practices, will introduce new owner to established accounts
Reason selling: family breakup, lone survivor in this business wants out.
Year established: 1988
Employees: 6

Email or call Ray at 757-287-4140 for more information on this wholesale food distribution business for sale.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,800,000
Cash Flow:   $225,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $475,000
Seller Financing:  Yes

About The Business

Year Established:  1988
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease


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Print Listing Id: 700141930
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