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Businesses For Sale   >>   Illinois Businesses For Sale Categories   >>   

Wholesale Grocery Distributor With High Earnings

Location  Illinois,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $19300000
Net Profit / Cash Flow  $500800
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  10 - 19
Inventory  100000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller to agree to training, consulting transition
Reason for Sale  Retirement
Description  Wholesale Grocery Distributor for sale is a very profitable, family owned company that has been in business for thirty years in the Chicago market and is currently supported by a list of approximately 1,000 accounts that have been developed over many years in business. Further, while boasting sales of more than $19MM and high earnings, there is no large concentration of sales to any one customer. This wholesale grocery distributor serves mainly convenience stores, small grocery stores, and restaurant/bars. The past four years (despite the recession) have demonstrated sales ranging from $17.2 MM to $21.2 MM, and is a well-managed operation that has garnered an excellent reputation and impressive customer list during its nearly 30 year history. This is an excellent business opportunity for the astute buyer looking for a turn-key grocery distributor company with robust financial rewards.
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