This Business is an established, profitable, niche market food wholesaler. The company provides farm to consumer goods in the Twin Cities area. The sellers founded the company in in 2008 and have a database of 4,000 past clients and 1,900 active clients. The company has contracts with local farmers who ship the product to a processing plant which delivers to the Company’s retail location. The contracted farmers can produce enough product to grow the Company’s revenue by six times. Extensive investment into mobile application and website development has created most of the sales as well as one festival appearance annually. The opportunities for growth are substantial. Both of the owners have other jobs, and have built the business in their spare time. The sellers only work 4 hours per week in the retail location during customer pickup hours, and an average of 5 hours per week in marketing / customer service.
About the Business
Number of Employees:
The business operates from the sellers home and a retail location with 11 commercial freezers for storing inventory. The hours of operation are for 2 hours on Saturday morning, and 2 hours on a weekday evening. The lease is month to month.
Growth & Expansion:
The contracted farmers can produce enough product to grow the Company’s revenue by six times. Advertisement and focus on growth should immediately increase revenues.
Asking Price: $195,000 Gross Revenue: $140,000Cash Flow: $35,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $20,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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