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Food Distribution Business
Location: United States -> California -> Northern California - All Northern California
Industry: Food and Beverage > Other Food and Beverage

Business Summary

Growing distribution company with an energetic staff willing to stay on board for a new owner. Sale includes newer compliant refrigerated delivery vehicles, real estate, large warehouse with massive freezers and coolers in place. Owner has done significant upgrades and modernization over the past 3 years. SBA loan in place along with secondary bank loan. Both may be assumed subject to lenders approval. Product line includes full line of fresh and frozen meat, dry goods, paper and chemical products, dairy, seafood, snacks and more. Significant sales growth in 2015. Owner willing to train buyer. Includes relationships with multiple suppliers. Updated computer system, software, office furniture, forklift, warehouse pallet rack shelving are just some of the investments made by owner over the past 3 years. Huge parcel includes space for further development of similar warehouse buildings to increase cash flow. Second warehouse on property under 5 year lease provides almost $20k additional cash flow. Established accounts with restaurants, schools, institutional, non-profits, C-Stores as well as walk-in retail sales provide recurring cash flow. Owner has a new large development project to focus on and needs out. Inventory to be valued at close of escrow and sold along with business to ensure smooth transition. Wonderful small rural town with low cost of living away from the pressures of the city life. Plenty of upside still there to build on the $3 million in annual sales. Sale price of $1.75m includes real estate and business.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,000,000
Cash Flow:   $777,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1985
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  New opportunity

Print Listing Id: 700256036
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

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