Wholesale Produce Distributor, $5.6M sales; USDA Processing Facility

Los Angeles County, CA

Wholesale Produce Distributor for sale
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Asking Price: $1,200,000

Cash Flow: $239,938

Gross Revenue: $5,651,736

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Rent: $9,671 /Month

Established: 2004

Wholesale Produce Distributor, $5.6M sales; USDA Processing Facility

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Business Description

Southern California wholesale produce distributor with over $5.6 million of sales to grocery stores, restaurants and local distributors is available for acquisition. The company sources high quality fresh specialty vegetables, fruits and produce direct from farms and sells products under its brand name. The company has a USDA & CA Health Dept approved in house processing facility and ships products direct from its Southern California warehouse.

The company has customers throughout Arizona, California, Oregon, Seattle, Idaho, Ohio, Colorado, Nevada, Chicago, and New Mexico. There is a substantial opportunity to grow within the regions served by adding additional direct customers and local distributors as well as further geographic expansion.

Summary
* $5.6 million sales
* $239,938 Discretionary Earnings
* Offered at $1.2 million
* USDA & CA Dept of Health approved processing facility
* $124,580 down with SBA financing
* Excellent Books and Records with minimal add backs

Direct from Farm Products:
* Vegetables
* Fruit
* Produce
* Specialty Vegetables, Fruits, and Produce

Additional Information
* Established over 15 years
* Long term customer relationships
* Direct from Growers & Farms
* Well trained staff, many with the company from 5 to over 10 years
* 12,000 sq ft warehouse w/food processing facility & cooler with 50 pallet capacity, & loading docks
* 3 trucks, wrapped

The owner is retiring and will train the buyer for 30 days and consider a consulting agreement after the training is complete.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
12,089
Lease Expiration:
N/A
Employees:
10
Facilities:
USDA & CA Dept of Health licensed food processor, LA County Health Licensed facility.
Competition:
The company buys fresh vegetables, fruit, and produce direct from local and regional farms and distributes products throughout the southwest and to some midwest states.
Growth & Expansion:
There is a substantial opportunity to grow within the regions served by adding additional direct customers and local distributors as well as further geographic expansion.
Support & Training:
4 weeks 40 hours plus consulting after training
Reason for Selling:
retirement
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(from currently available funds)
 
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Bill Grunau

Business Listed By:
Bill Grunau

Pacific Business Sales

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

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