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Wholesale Supplier Of Greek Products
Location: Greece -> Thessaloniki
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

The business for sale is an investment opportunity to gain access to the majority of Greek specialty food suppliers, ideal for supplying a wholesale or retail business with Greek specialty foods, as well as for buying market entry in the Greek food or housewares market.
The business was founded over 20 years ago and supplies its customers with food (57% of turnover) and household items (43%). The company's sales are based on solid financial agreements with suppliers (the financial strength of the company is a decisive factor), as well as personal relationships with customers meticulously constructed over the past decades. The business also has its own dog food brand, with very satisfactory sales. The business has more than 1.000 clients. There are over 600 suppliers, including the best producers of traditional Greek products such as olive oil, olives, salted and smoked fish, and pickles. In the warehouse the daily average stock is 100,000 euros. The staff is years in the company and knows the customers. There are no problems with deliveries, no loss of goods, and no significant delays of customer payments. Turnover 1MEUR+, EBITDA 5%.
Besides wholesaling in the Greek market, this is an opportunity to acquire a tested and reliable supplier network from Greece.
The cost is 500.000 EUR. Please call at +2311 242499 or send an e-mail


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,000,000
Cash Flow:   $50,000
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  6 months training and support
Reason For Selling:  The owner is nearing retirement age




Print Listing Id: 700375711
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