Gourmet Foods Distributor

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Gourmet Foods Distributor with growth potential
Asking Price:
$960,000

Gross Revenue:
$2,552,000
Cash Flow:
$330,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This company sells and delivers specialty domestic and imported foods to luxury hotel and restaurant customers.
1. Over 100 customers; low customer concentration
2. Business ideally located close to customers
3. Same-day delivery capability for urgent customer orders
4. Diversified and unique product line of nearly 4,000 food items
5. Several customers have a 40-year trade history or longer
6. New sales rep recently turned profitable with strong trajectory.

About the Business

Location:
Suffolk County, Massachusetts
Number of Employees:
7 FT / 1 PT
Facilities:
The business leases space in office and warehouse building with a loading dock, drive-in bay door, office space with amenities and ample parking. There is a favorable 5-year lease in place until 2024. The business has room to grow in the current space but could be moved if a new owner so chose.
Growth & Expansion:
Ample growth opportunities including recent award of approved supplier to new highly-coveted customer.
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About the Sale

Training/Support:
The seller will provide training and support to ensure a smooth transition
Seller Financing:
The business has been reviewed favorably by an SBA lender

Listing Info

ID:
1648103
Ad Detail Views:
0

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Business Listed by

Molly Hanson

BayState Business Brokers

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Sponsoring Broker:

Marc Gudema, CBI
BayState Business Brokers


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