Food Distributor With Butcher, Deli & Bakery
Location:
United States
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Illinois
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Chicagoland
Industry: Food and Beverage > Food Production and Packaging
Business Summary
BANK FINANCING AVAILABLE WITH 25% DOWN PAYMENT FOR A QUALIFIED BUYER*
Established Mediterranean distributor of specialty foods with a well known deli, and bakery in Chicago. This business is a full service purveyor for specialty food products with restaurant clientele and retail to the public. Some of the specialty foods available are cheeses, desserts, sausage and olive oil.
The business carries about $125,000 in inventory and is part of the sale price but certain times of the year could increase the inventory and would be reflected in an increased or decreased price. Presently 20% of the revenues are wholesale in nature.
The business was founded 25 years ago and has been at its present location for the last 19 years and has served the public with a great reputation. The catering business is one they are just beginning to realize and a great area of opportunity for a new owner. The business has been priced right and is growing with a nice cash flow.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$669,789
Cash Flow:
$100,584
Cash Flow Type: Sellers Discretionary Cash
Inventory: $220,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1983
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller to provide transitional support & training.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Food Production and Packaging business for sale.
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Print Listing Id: 70077633
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