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Packaged Food Industry Distributor
Location: United States -> New Jersey -> Morris
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

Business description:
Extremely fast growing prepared food wholesale distributer and co-packager for companies that deliver prepared food to homes and offices year round. In addition to the current trade there are unlimited opportunities to work with many other kind of businesses and companies offering this kind of company unlimited future opportunities.

Historical summary:
In an extremely successful departure from the corporate world, this entrepreneur saw a need for a faster more efficient service to the busy home & office food delivery market.
Once launched, this company had immediate success.
In 2016 total sales were $4,2m; after the first quarter of 2017 this company is tracking to do over $12m in business this year.

While companies struggled to successfully provide this sought after service to the modern dual income home, this entrepreneur filled the gap and quickly saw a big return. Portion control fruits, nuts and dried good is in its infancy in this industry with only room to grow. This turn key operation is an integral part of the new dinner movement allowing families to once again spend time together in our busy world as well as streamlining the corporate events industry.

This impressive business is able provide high volume orders with the quickest turnaround for dried food products. Working direct with manufacturers and the best farms this company brings the freshest end product to their customer.

The industries served are limitless.
Currently the owner is making a documented $1m per month!

Listed price: $ 12,000,000
phone: 212-661-4160


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $12,000,000
Cash Flow:   $2,300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $800,000
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Complete training and support will be provided
Reason For Selling:  Retirement/ moving abroad

Photos

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Packaged Food Industry Distributor Photo 1




Print Listing Id: 700279240
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