This company has been distributing snacks to local stores in Alameda, Santa Clara and Contra Costa counties for over 30 years. The business has a long-standing history and established relationships with local stores. It is equipped with a delivery van and a forklift. It supplies convenience stores, mini-marts and 7-Elevens. The cash flow has been consistently above $100,000 each year.
It operates out of a 1,400 sq. ft. warehouse with a low rent of $1,500 per month with utilities included. The landlord is flexible and willing to offer a new lease starting at the same rate.
Their product line includes packaged pastries, various types of potato chips, beef jerky, and other lightweight perishable goods such as nuts and candy. They set up their display racks in stores, helping their clients manage inventory with an entire display rack dedicated to the company’s products. The company buys directly from producers. It also sells to outside distributors who pick up products from its warehouse.
The owner currently works full-time and his wife works part-time. He spends half of the week on routes and the other half in the warehouse. His wife watches the warehouse when he’s out on his routes. There are no employees.
This is a great opportunity to enter the snack food distribution industry, an industry that is difficult to enter due to minimum order thresholds and perishable inventory. Someone already in the business can easily take on the accounts and move this business into their warehouse, creating synergy with additional product lines and client base.
The Seller is dealing with a health issue and is extremely motivated to sell quickly. He is willing to provide training and support during the transition period to ensure a smooth handover of operations. This includes introducing the buyer to key clients and suppliers, sharing industry knowledge and ordering.
