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

Profitable Wholesale Grocery Distributor

Location  Illinois,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $19300000
Net Profit / Cash Flow  $504000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1983
Number of Employees  10 - 19
Inventory  500000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  Retirement
Description  Grocery distributor with $19MM annual revenue for sale. This is a 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, there is no large concentration of sales to any one customer. A very profitable 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. Most recently (2012) this business enjoyed sales of $19.3 MM with significant owner s annual earnings. As a well-managed operation that has garnered an excellent reputation and impressive customer list during its 30 year history, this is an excellent business opportunity for the astute buyer looking for a turn-key grocery distribution company with robust financial rewards. The real estate valued at $800,000 is included in sale price.
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