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Wholesale Food Distribution Business For Sale
Location Virginia,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1800000
Net Profit / Cash Flow $225000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1988
Number of Employees 6 - 9
Inventory 475000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Description Financial information
asking: $680,000
gross: $1,800,000
furniture, fixtures & equipment: $475,000
inventory: $220,000 (not included in price)
financing: seller will assist in financing with reasonable down payment
Summary description
Own and operate a major distributor of restaurant supplies in the largest metropolitan area in the state of Virginia. This distribution includes 2 large refer trucks, a 22,000 warehouse fully refrigerated, existing account base. Present territory includes 2 metro areas in Virginia. Centrally located to easily expand into North Carolina. This has been a word of mouth family business with no outside sales force. An effort to expand the sales force could easily double the sales volume.
General information
Facilities: 22,000 sq. ft. Warehouse distribution center with overhead doors and truck bays.
Competition: business can compete very effectively due to low overhead and low labor costs. Superior customer service and hands on account care has established this business in a regional market. Marketplace.
Growth and expansion: there is a 20x43 refrigerated room fully wired for meat fabrication as well as 3 10x43 walk in coolers and a huge walk-in freezer. Plenty of refrigeration and freezer capability to add meat and seafood to the product offering.
Support/training: present owner will assist in bringing new owner up to speed on all business practices, will introduce new owner to established accounts
Reason selling: family breakup, lone survivor in this business wants out.
Year established: 1988
Employees: 6
Email or call Ray at 757-287-4140 for more information on this wholesale food distribution business for sale.
Click Here To Contact Seller
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