40yr Specialty Food Distributor — Branded Snacks Route
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Established independent, owner-operated specialty snack food route business with over 40 years of continuous operation in San Diego County. The company distributes its own trademarked, branded, non-refrigerated products to a large base of loyal independent retail accounts, generating approximately $1.3M in annual revenue. The route network is well developed, supported by long-standing customer relationships and a strong market presence, with clear opportunities for expansion. Offered at $675K based on $225K SDE (a 3x multiple consistent with industry norms), the business features clean financials that have been preapproved for SBA financing when matched to a qualified buyer. The sale includes roughly $25K in inventory along with all furniture, fixtures, and equipment. Currently operated efficiently by the Seller working approximately 30 to 35 hours per week. With plans to expand, the business presents meaningful upside for a buyer focused on growth.
About the Business
- Years in Operation
- 40
- Currently Relocatable
- Yes
- Facilities & Assets
- The company operates from a 2,000 square-foot industrial warehouse. The facility features exceptional ceiling height, pallet racking systems across 11 bays, and an owned propane forklift — enabling efficient pallet-in, pallet-out operations that dramatically minimize labor requirements. The gross lease rate is exceptionally reasonable and represents a significant operational advantage. The current lease term expires in June 2027; the seller reports confidence that the landlord will be receptive to renewal with extensions sufficient to meet SBA occupancy requirements.
- Market Outlook / Competition
- The company faces minimal direct competition in its primary product segment. One competing manufacturer outside of San Diego markets similar products but is not competitive, and the seller characterizes their product as inferior in quality. The compay's strengths are the combination of superior product quality, long-standing customer relationships, competitive pricing, and consistent service reliability that makes displacement by competitors difficult.
- Opportunities for Growth
- Per the seller the following would help to grow the company:
Add an additional route operator to expand outside of the current market area.
Expand to other market areas where existing customers have locations.
Target potential customers that have demonstrated consumption of Seller’s products.
Activate the company website for inbound marketing, mail-order retail, and lead generation from a larger customer base.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $1,750.00 per month
- Lease Expiration
- 6/1/2027
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller is ready to retire and is looking forward to handing the reins to a new owner who can grow the business. The seller will provide a solid training program for a new owner.
- Financing Options
- The business is preapproved for SBA financing when matched to a qualified buyer.
Listing Info
- ID
- 2513976
- Listing Views
Listing ID: 2513976 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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