Rapidly Growing Niche Food Distributor
(ID: 1099397)
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Not Disclosed
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$7,500,000
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$256,000
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n/a
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Business Listed by LISTING BROKERGenerational Equity
Contact Broker:Lori GallowayGenerational EquityView All of My Listings
Listing Tools
Business Description
The Company sells organic and natural products such as gluten free beer and wine, coffees, desserts, and various frozen foods and maintains exclusive distribution rights with several manufacturers. Revenues are comprised of frozen foods (26%), chilled beverages (20%), dry beverages (19%), ice cream (12%), and other food products (23%). The Company s customers include over 300 large and small grocery stores, mass retailers, and other types of retailers that carry food and beverages. Collectively, these loyal customers generate 90% repeat business annually.
About the Business
Market Outlook/Competition:
Started 10+ years ago, the Company has experienced remarkable growth by focusing on quality specialty products and providing superior customer support. Despite a recession, the Company has exhibited strong 32.3% compounded annual sales growth from 2010 through 2012. Opportunities for future growth include expanding product lines and geographic markets with additional freezer capacity and dedicated sales personnel.
About the Sale
Training/Support:
Customary transition period
Cash Flow Comments:
EBITDA: $256,000
Seller Financing:
Terms considered