Profitable, Stable, Growing, Food Distribution - SBA Pre-approved

King County, WA

Profitable, Stable, Growing, Food Distribution - SBA Pre-approved
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Asking Price: Get Financing: $495,000

Cash Flow: $171,394

Gross Revenue: $3,096,090

EBITDA: N/A

FF&E: $203,777

Inventory: $500,000*

Lease Rate: $11,180 /Month

Established: 2005

*not included in asking price.

Profitable, Stable, Growing, Food Distribution - SBA Pre-approved

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Business Description

Customer service is the name of the game which separates this food distribution business apart from their competition, allows for strong margins relative to the industry, and repeat business with long term clients. The two owners broke away from their corporate positions to start the company, and after 12 successful years are ready to retire.

Their customers are comprised of local catering businesses, Microsoft, airlines, deli’s, with an emphasis on quality products and customer service. Great facility with room to grow, reduction of lost time in traffic due to central location, and easy to work with landlord. Owners work in the business, and a new owner will do very well if they bring the ability to grow and expand a sales team, to hit the next level of growth for this solid, long term business.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
14,402
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
-Growth in sales 11 of the past 12 years-Exclusive agreement with Thumann meats-Pre-approved for SBA Financing -Growth potential in sales team development -Growth potential through competition acquisition-Great location for efficient distribution and favorable lease-Strong income for owners with stable business history -175 customers of 1400 market potential
Competition:
Big edge over competitors due to location, efficient deliveries saving wages and fuel, with an exclusive agreement for Thumann meat products.
Growth & Expansion:
Developing a sales team and expanding operations is the quickest path to growth for this business. Strategic acquisitions of competition may also prove a profitable venture. Seller is willing to train for several months.
Support & Training:
4 weeks
Reason for Selling:
retiring
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Kevin Moen

Business Listed By:
Kevin Moen

Transworld Business Advisors Renton

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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