UNDER OFFER! Highly Profitable Food Distributor/Processor

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UNDER OFFER!  Highly Profitable Food Distributor/Processor
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Asking Price: Get Financing: $1,700,000

Cash Flow: $446,613

Gross Revenue: $6,844,646

EBITDA: N/A

FF&E: $1,175,000

Inventory: $550,000*

Real Estate: $1,500,000*

Established: 1968

*not included in asking price.

UNDER OFFER! Highly Profitable Food Distributor/Processor

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Business Description

UNDER OFFER! We are proud to bring to the market this highly profitable broadline food distribution business and well respected processing centre which has been established for almost 50 years! Known for its high quality products and on time delivery service, the business purchases, stores, sells, and delivers, providing food service operators with access to items from a wide variety of manufacturers procuring pallets and bulk inventory quantities that are broken down to case and sometimes unit quantities for individual food service operators. Opportunity for further growth exists and our seller estimates at least an additional 2.5 to 3 million in annual sales. In the Broker’s opinion this is an outstanding opportunity for a larger distributor/food processor to grow via acquisition or for an owner/operator to purchase a stable and profitable operation.
BUSINESS HIGHLIGHTS
Almost 50 years of goodwill. Broadline distributor with high margins. Separate annual revenue stream of $90,000 - $100,000 from franchise fees and royalties. Central location close to main highways. Great all season business. Outstanding reputation for quality product. Stable history of profitability. Trained staff are willing to stay

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
17,339
Employees:
32
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 4.05 acre property provides good visibility and is easily accessible, close to major highways. The seller is willing to provide a renewable triple net lease to a qualified and approved buyer. The suggested rental rate is $7800 per month. Taxes and insurance will be billed separately. The approx. 17,339 sq. ft. premises comprises of retail area, warehouse, cold storage, meat cutting room, 80x60x20 freezer room, 4 coolers, separate fish processing room, several offices and wash facilities. There is ample parking. We understand from the Seller that the real estate which (worth approx. $1.5M) may be purchase by separate negotiation if so desired.
Support & Training:
Seller will ensure handover and training period of up to three months.
Reason for Selling:
Relocation/Retirement
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(from currently available funds)
 
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Rebecca Walker-Jones

Business Listed By:
Rebecca Walker-Jones

OLD Inc Business Brokers

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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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