Well-Established Food Distributor


Well-Established Food Distributor

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$4,300,000





Well-Established Food Distributor

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Business Description

This forty-five year-old family-owned Company is a distributor of food products, cleaning supplies, and virtually any product that is needed by a restaurant, caterer, or other food service operation. While the warehouse is open to the public, over ninety percent of sales are delivered to local food operations located within twenty miles of the warehouse. Revenue is derived from food products (70% of sales), paper products (25%) and cleaning supplies (5%).

The Company has over 750 active commercial accounts including schools, hospitals, convalescent homes, restaurants, jails, campgrounds, convenience stores, gas stations, ice cream shops, coffee shops, frozen yogurt shops, and wineries. No account represents more than 5% of sales. The Company weathered the difficulties of the recession of 2009 which caused the industry to suffer and similar businesses to fail. The Company is positioned to double annual revenues with the addition of qualified salespeople and expanding its geographic footprint. Most operating costs are fixed so that increases in revenue should fall directly to the bottom line. The Company has strong relationships with over 40 of the best food product suppliers in the world. In addition, the Company enjoys a high level of repeat business estimated at 98%+ annually. The Company is a California certified small business.

Detailed Information

Support & Training:
As needed
Reason for Selling:
Pursue other interests

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Mike Meredith

Business Listed By:
Mike Meredith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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