Wholesale Food and Drink Distributor

San Jose, CA (Santa Clara County)


Asking Price:$980,000

Cash Flow:$404,770

Gross Revenue:$5,840,270





*not included in asking price.

Wholesale Food and Drink Distributor

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Business Description

Wholesale Food and Drink Distributor

BTI 8398
This wholesale food and drink distribution company was established in 1982, and the current owners bought it in 2011 when it was grossing over $4.0 Million in annual revenues but was operating at a loss. Today the business is grossing almost 6.0 Million in annual revenues and enjoys a SDE of +$400,000 and is still growing. Its service area is from San Mateo to Salinas plus the towns of Stockton and Lodi. Their 200+ clients are 75% Chinese, 20% Japanese, and 5% Mexican restaurants with a very small % of Korean clients. When they bought the business, they invested in a new fleet of trucks and updated the business warehouse and inventory software and the delivery tracking system. These dynamics turned the business around, but the sellers feel the next step up for growth will call for an additional capital investment and additional investment of time to run the company. They are involved with another business and feel their time is stretched to the limit so they would like to sell.
Business Type: Food Distribution Business Category: Wholesale & Distribution
Sales: $5,840,270 Adj. Cash Flow: $404,770
For 12 months ending Dec 2015 from P&L
Purchase Price: $980,000 Down Payment: $980,000
Inventory: $400,000 (Not Included) A/R: $400,000 (Included) A/P: $400,000 (Included)
Size (Sq. Ft): 10,000 Rent: $6,500 NNN: $0 Rent Increases: N/A Lease Exp: 3/31/2017 Sec. Deposit: $6,000

Farley Gouner CA BRE 01271117 408-385-0402 farley@business-team.com

Detailed Information

Not included in asking price
9 FT 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Size (SqFt): 10,000 Rent: $6,500 NNN: $0 Rent Increases: N/A Lease Exp: 3/31/2017 Sec. Dep: $6,000
Support & Training:
Two Weeks for 40 Hours per Week
Reason for Selling:
They are involved with another business and feel their time is too stretched

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Farley Gouner

Business Listed By:
Farley Gouner

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Indicates membership in The California Association of Business Brokers (CABB).

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