Food Distributor

Asking Price$400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,950,088

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Food Distributor


Asking Price$400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,950,088

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
This is an Italian food broker business. The Seller is ready to pass the baton to a new owner. Decreases sales are due to owner's health issues. The Company was founded in 1987 importing olive oils, balsamic vinegar, pasta and tomatoes to supply chain restaurants through the foodservice trade. After years of tremendous growth in this market they quickly filled the void in the industrial trade as well, developing relationships with a who's who of national food manufacturers, including Fortune 500 companies.

Fast forward to today, the Company now brings in millions of lbs. of ingredients on a yearly basis and continue to supply foodservice clientele and the industrial food manufacturing segment with ingredients that the respected customers prefer. Emphasis on a quality assurance program allows them to gain and maintain a premier customer base. In-house laboratories provide the most up-to-date testing on products and spearheads GMP and HACCP programs. Lot tracking systems allow them to track every jug, drum or container from initial import to consumption. The Company's 4 processing facilities maintain ISO & SQF certifications, and with the latest in packaging technology and state-of-the-art plant operations, they are able to efficiently and competitively process and package products.

The Company maintains a presence domestically and around the world for trading and procuring olive oil, balsamic vinegar, pasta and tomato ingredients.

The diversity and global availability of the product lines ensure that you can receive everything you need fast from one reliable, professional source. From tanker ships to rail cars to the trucking industry, This Company procures and delivers goods direct to foodservice distributors and industrial food mfgs. in a timely and cost-effective manner.
About the Business
Years in Operation
39
Employees
1 Part-time
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
Home Based - Relocatable.
Market Outlook / Competition
Other similar companies and brokers.
Opportunities for Growth
Unlimited.
About the Sale
Seller Motivation
New venture.
Transition Support
Will train for 4 weeks @ $0 cost.
Financing Options
$320K down/$80K over 36 mos. @ 7%.
Listing Info
ID
2420734
Listing Views
73

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Business Listed by: Carole Akers Murphy Business & Financial Services LLC

Listing ID: 2420734 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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