Nyc Dairy Products Wholesaler For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2750000
Net Profit / Cash Flow $230165
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner wishes to relocate.
Description One of NYC's leading wholesaler of Dairy products, eggs and provisions. Virtually recession proof. Very little overhead and sales and the few expenses are well documented. Clientele consists of deli's, restaurants, c-store, small groceries, and bodegas. No one is excluded. Almost entirely absentee, owner puts in a maximum 10 hours per week. Product is cash-n-carry (no receivables to deal with). No credit cards, no checks, no delivery trucks. Saves time and money versus the Route businesses (with this business, the customers come to you!). Quick stats - 500 bread loaves/day, 10,000 milk cartons/week and 750,000 dozen eggs/year (over 9 million eggs sold per year making this company one of the nations largest movers of eggs!). Gross sales $2.9m in 2008. Business is on pace this year for another 10-15% growth. Its location is prime (you'll find out why when you inquire). Net over $300k with 11 years left on the lease of 1,300sf with 20' ceiling at $3,700. Extension for additional 4 years available thru landlord- that's an additional $1.2m net/net as an almost absentee business. Business moves fast as product shelf-life is 1-2 days at most, no spoilage and no excess inventories so time flies in this vibrant, cash-generating business. Contact for more information on this Dairy business for sale.
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