Buy a Wholesale Food Distributor For Sale business for sale in East Texas on BusinessesForSale.com

  • Advert ID: 600656
  • (Seller ref: 428)

Wholesale Food Distributor For Sale


Location:
Category:
Asking price:
$1,100,000
Sales revenue:
$3,500,000
Net profit:
$300,000
Years established:
1950
Employees:
20


The Company processes and packages beef, pork, chicken and fish of which sixty percent of their sales are from wholesale distribution, twenty percent is from retail sales and twenty percent is from catering. The Company generated revenues of over $3 million in both 2006 and 2007 and they averaged $300,000 of Discretionary Earnings for the same time period. Additional channels of distribution such as wholesale sales to food distributors, catering for corporations and sales to the Louisiana hotel and gaming operations have provided for strong revenue growth over the past four years.


Real Estate:
Real Property Included
Location:
The facility is approximately 8,000 square feet of space on 2.0 acres. The facility contains 2,000 sq. ft. of freezer space, 2,000 sq. ft. of cooler space, 2,000 sq. ft. of processing space, 800 sq. ft. of retail space and 1,500 sq. ft. of office space. The new owner will be able to purchase the facilities for $350,000 or lease the bulding at FMV.

Competition / Market:
There are no technological changes that will affect the Company's products or business.
Support & training:
Owners are willing to remain for a reasonable transition period.
Reasons for selling:
Retirement

For more information about this business for sale, click the Contact Seller button.

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