Food Distributor/ Artisan Breads Manufacturer

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Food Distributor/Artisan Breads Manufacturer
Asking Price:
 Not Disclosed

Gross Revenue:
$2,850,000
Cash Flow:
$725,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Founded almost 20 years ago, this profitable and rapidly growing business provides distribution and delivery services for companies in the greater Boston area. Customers include wholesalers of baked products, groceries, liquor, produce, magazines and more. The focus of this business is to address the need for reliable daily distribution of baked products and other related sales, and to remove the headaches encountered by individual businesses in dealing with product delivery, vehicle maintenance and insurance, hiring and training drivers, etc.
The company has also taken advantage of the access to this customer base by seizing the opportunity to produce and distribute their own branded line of artisan baked products to these customers. They have developed a line of delicious, very high quality items that are baked fresh daily and sold in specialty markets, restaurants and hotels throughout the greater Boston area.
Company operations, production and order processing are all highly efficient and managed with state-of-the art software.

About the Business

Year Established:
1999
Number of Employees:
17
Facilities:
The company has modern and well-maintained warehouse and production facilities located in the metropolitan Boston area. Production equipment is new and well maintained, and capable of handling the continuing 15% to 20% yearly growth.
Growth & Expansion:
The business has numerous growth opportunities as it can readily expand beyond the current territories covered, can seek and add additional product lines for distribution, and can grow its branded baked goods line by adding additional baked products and product line extensions. The high-quality and growing recognition of its current artisan baked goods also make it likely that new sales will be captured with larger retail accounts now being approached.
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About the Sale

Reason For Selling:
Sale prompted by owner’s desire to reduce his daily work load and semi-retire.
Training/Support:
Owner will support buyer through transition period and possibly longer if desired.

Listing Info

ID:
1478171
Ad Detail Views:
1280

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Business Listed by

Bob Karlis

Cabot Business Brokers

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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