Wholesale Distribution of Perishable Products For Sale

Minnehaha County, SD

Wholesale Distribution of Perishable Products For Sale

Asking Price:$1,670,000

Cash Flow:$210,008

Gross Revenue:$2,054,194

EBITDA:N/A

FF&E:$1,000,000

Inventory:$80,000

Real Estate:$1,000,000*

Established:1972

*not included in asking price.

Wholesale Distribution of Perishable Products For Sale

Get Financing Save Print Share Valuation Report

Business Description

This opportunity represents a unique entry into a closed market. The seven-state, protected distribution market includes major big-box stores that have been clients for many years. Long-term employees form a strong base for this company that pushes a big bottom line. This has been a consistently strong business, averaging $2,117,450 in gross revenues and $277,357 in owner benefit for the last three years.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
10 FT / 13 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In 2014 the 12-year-old, 9,000 sq ft building, was remodeled and special, industry-specific equipment was added. A 4,000 sq ft addition that includes a full-size loading dock was also put on. 2,750 sq ft of the total space is office, which was completely re-done last year. The 1.23 acre site is in a booming, modern industrial zone. Very little customer interaction actually takes place on-site, but it is landscaped nicely with plenty of parking for employees.
Competition:
There is no competition in the seven-state territory. This business is the single distributor to their 140 accounts.
Growth & Expansion:
Continued addition of large-scale, big-box stores is currently in the works and would provide a diversification of clients and the potential of doubling the current sales with only a slight increase in the cost of operations. This growth could be accomplished in the current facilities. With the extensive delivery transportation network in place more synergies could exist with other businesses.
Financing:
Seller may consider some carryback for a qualified buyer.
Support & Training:
Will train for 4 weeks @ no cost. Licensing costs are nil. A supervisor and two leads provide support and supervision to a dozen+ employees.
Reason for Selling:
Owners are retiring.

Listing Statistics for Premium Members

Ad#:1221284 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Jerry Grode

Business Listed By:
Jerry Grode

Murphy Business & Financial Corporation

Show Phone Number

View My Listings


Sponsoring Broker:
Murphy Business

Find out more...

Get more details about this business.


Similar Listings