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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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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.
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