Just Listed! Established Mission Food Route in Lower Manhattan

New York, New York ( New York County)

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Seller Financing Available

Find More Business with Asking Prices Between $100K and $250K

Asking Price$150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Just Listed! Established Mission Food Route in Lower Manhattan

New York, New York ( New York County)

Asking Price$150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Seller Financing Available

Business Description

The route includes a huge protected territory of the entire West Side of Lower Manhattan. New warehouse located a short distance to the route located in Maspeth, Queens. Mission Foods is a growing public company whose annual sales are more than double that of all Pepperidge farm products. Stops are both chains and charge accounts which include D'Agostino's, Targets and Morton Williams as well as excellent cash accts all of whom are working on a solid mark-up of 22%. The seller is doing $8,800 wk in this area working 3 days per wk., but as the route grows the buyer should expect an increase to at least 10 to 12k per week and a work week which will also become at least 4 days per week. As an option the Seller is willing to sell his entire route which grosses over 15k per week and is all of lower Manhattan.

About the Business

Years in Operation: 24
Opportunities for Growth: Route can be brought up to at least 10k to 12k just by going into the existing store more often which the Seller cant do because he is running the other half of the route, Also by adding more stores of which there are many to be had within the area.

About the Sale

Seller Motivation: retiring
Transition Support: Seller will train new Buyer before closing and after closing for 1 week.
Financing Options: Seller will finance up to 40,000.

Listing Info

ID: 2549118
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Listing ID: 2549118 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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