Wholesale Fresh & Frozen Food Distribution

Reno, NV (Washoe County)

One of our trucks, Intl 4300
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Asking Price: $350,000

Cash Flow: $150,000

Gross Revenue: $1,100,000

EBITDA: $150,000

FF&E: $120,000

Inventory: $4,000

Established: 1976

Wholesale Fresh & Frozen Food Distribution

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Business Description

Motivated seller. A great business with stability and growth potential

This business has been in existence since 1976 when it was primarily a direct to consumer delivery service. It is current a wholesale/commercial only delivery service that specializes in refrigerated fresh and frozen food products. We have two full time drivers and a part time secretary. We own a total of eight trucks, five of which we are currently using. This business specializes in a certain category of fresh and frozen food and has a special relationship with a production and processing and warehousing facility that gives us easy access to products that have a very strong brand name recognition in the local community. We only deliver in the Reno/Sparks area so we do not have to drive into the mountains or long distances. We have a base of about 120 customers that are very loyal to us because of the service and the quality of products we deliver. Though we do have competition in the categories of products we sell our near exclusive relationship with our supplier gives us a solid foundation and access to opportunities that are not available to others. The name of our company is recognized locally and connected with excellent service and the names of the brands we sell have a very strong customer loyalty. We use an optimized custom software system to invoice our customers and to track sales that gives the owner/manager the ability to easily see the data necessary to increase efficiencies and sales and profit volumes. The company owns outright the assets with no liens or loans on them. We have experienced a 20% increase in sales and profits over the previous year and expect to be able to expand at least by 15% and perhaps up to 25% this coming year. Buying this business will be a huge opportunity for the buyer. This is a very solid business that has nearly no chance of failing. It has been in existence for a long time and there are known market factors that could cause business to drop due to the fact that the items are consumable and popular food items that have a high demand. We focus on our core items which include about 20 brands but have access to many more.

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Detailed Information

Location:
Reno, NV
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We own six large refrigerated straight box trucks with low mileage and in top condition which will be included in the sale of the business. There are two small additional dual-temp trucks that will be included but they need some repairs. Included is all the office equipment which includes a nice desk, computer and monitor, two printers, chairs, a table, point of sales materials, and other items.
Competition:
There is a strong demand for the food items we sell. There are other competitors who sell the similar items but we have an advantage over them with our exclusive relationship with our supplier that gives us fresher product derived from local farms and the ability to give our customers the option ordering in smaller than full cases.
Growth & Expansion:
Unlimited potential for growth. You can build the current routes and then add on routes as you wish. Our product supplier often forwards customers inquiring about delivery of their products to us.
Financing:
If you come in with $200,000 down (unborrowed money) I will finance the rest.
Support & Training:
Free unlimited training for 90 days. After that free consultation for one year. After that I will be available for consultation at a small fee. I love this business and will enjoy helping you to succeed. I will set up the software system on your home computer and train you how to use it. I will show you how to succeed and beat the competition.
Reason for Selling:
I am 64 years old and would like to retire.
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Business Listed By:
Brent

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