37478- Wholesale Food Distribution Business – Southern Pennsylvania

PA

Seller Financing Available
37478- Wholesale Food Distribution Business – Southern Pennsylvania
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Asking Price: $990,000

Cash Flow: $86,000

Gross Revenue: $2,043,000

EBITDA: N/A

FF&E: $500,000

Inventory: $105,000

Real Estate: $510,897

Established: 1979

37478- Wholesale Food Distribution Business – Southern Pennsylvania

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Business Description

Opportunity for new owner to expand business in growing market!! This company is a wholesale distributor providing food products to grocery stores, markets, and restaurants. The primary products include meat, produce, salads, dry goods, frozen foods and supplies. Sitting on 2.5 acres, the 8,000-square foot facility is comprised of a 6,000 sq. ft. warehouse with refrigeration and freezer storage areas, 1,775 sq. ft. production/packing area and 225 sq. ft. of administrative office space. Valued at approximately $500k, the property is included in the asking price. The company has a proven track record supported by its 38 plus years of ongoing business. With its niche’ range of products, the company’s marketing efforts focus on targeting grocery stores to restaurants within a thirty-mile radius in York County, Pennsylvania. Revenues have remained steady over the past five years. Last year, the company’s total revenue was $2,043,285, but adding a route salesperson could double the business or more! The asking price is more than covered by the property and assets which includes over $500,000 of equipment, the real property, inventory and the business. Seller is motivated and open to some self-financing!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner would be available for a smooth transitioning period and the employees would stay.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

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