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Priced at only about 28% of annual revenue (gross sales), this is an excellent opportunity. Research of databases of comparable sales indicate businesses of this size and type have been selling for an average of more than 50% of annual gross sales. This business is primed to be taken to the next level of growth and profitability.
This distribution company, with a focus on mom-and-pop pizza shops, has been operating in the Bay Area for over five years. The owners started their career in the restaurant business 35 years ago. Their negative experience dealing with massive food distributors led them to open this business in 2015, with an emphasis on quality products and exceptional service.
The company provides pizza products: flour, sauces, meats, cheeses and other toppings, as well as soft drinks, disposables; anything that is related to supplying a pizza restaurant. It offers cheese products that are not made with animal enzymes and their facilities are free of any non-Halal products. A new owner could expand the product lines by introducing pork products, wine and beer and introduce other menu options. They offer an emergency delivery service that gives customers the ability to order/receive the same day.
As the company continues to grow, they still act like a small business, creating a personal connection with their clients and striving to be partners in their success. This focus has helped them to grow an extensive base of loyal customers.
The ordering process consists of customers sending in their order via the app. It is entered into the system so the warehouse manager can prepare the order for delivery.
The Seller has done the hard part and established an excellent foundation on which to grow this business further. An experienced business person or family should be able to take it to the next level and beyond
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The Seller will ensure a smooth and seamless transition to a new owner, and introduce them to suppliers and customers.
Seller will consider some financing for a substantial downpayment
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