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The Wall Street Journal Online

Wholesale Distribution and Export-Fruit and Vegetables

Florida

Photo Available
Asking Price:
$8,000,000
Gross Income:
$20,000,000
Cash Flow:
$1,688,000
FF&E:
$1,270,000.00 *
Inventory:
$200,000.00 *
Real Estate:
for sale or lease **
Year Established:
1993
Employees:
73
Business Types:
Nondurable Goods
Freight, Moving/Delivery

** not included in the asking price

* included in the asking price

Business Description

Recession Proof Company that continues to expand. The company is one of the largest full service wholesale distributors of fresh produce in the South Florida area. They supply produce directly to over 1500 accounts including restaurants, schools and hospitals. They also export produce to four countries. The company had $17 million in sales in 2011 and expects $20 million in 2012. It is demonstrating high growth in recent years and will continue to grow into the future. The company has a seasoned staff in place, a fleet of well-maintained trucks with experienced drivers. Seller is willing to stay on with the business as an employee and is willing to retain portion of the business. This company is recession proof business with large cash flow and this business is expanding.

Detailed Information

Facilities:
Available for Sale or Lease-Large Distribution facility with office space,warehouse space and refrigerated space Zoning Industrial C-2. ~43,000 + sq ft with the parking lot- building 28,000 sq ft with 2,000 office space and 5000 refrigerated (with racks).
Support/Training:
Seller is willing to stay on as an employee and is willing to retain a portion of the business.
Reason Selling:
Growth
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Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Cynthia S. Horton
Horton Business Group

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