AN IMPORTANT GROCERY WHOLESALER
(FOOD WHOLESALE, GROCERY WHOLESALER)
NEW YORK METRO, NEW YORK
Listed Price: $ 3,400,000
Listing ID: XC6660401
Listing DetailsGross Revenue: $ 9,200,000
Cash Flow: $ 1,000,000
FFE: $ 20,000 (Included in Price)
Real Estate: $ 1,200,000 (Included in Price)
Inventory: $ 200,000 (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED
Listing SummaryBusiness Description:
Well Established and Profitable Wholesale grocery and produce distributor servicing Metropolitan New York and New Jersey area region for over 20 years.
Rapidly expanding product offerings and consistent superior level service at the most competitive pricing with strong customer base, operations systems and well trained employees has positioned this company well in their industry class.
Finest quality produce and food service products delivered daily at unbelievable pricing.
Their own private label brand products imported directly helps maintain customer loyalty and competitive price advantage.
5000 Square Foot retail store adjacent to the building offers customers wholesale level pricing on wide selection of grocery items as well. This cash and carry store features many specialty foods and selections that are rare to find elsewhere.
Historical Summary:
The Current owners purchased the business in 2006 and have Grown it to be the Most Important Grocery/Food Wholesaler in their region Catering to Restaurants and Food Businesses.
Owner Qualifications:
FOOD BUSINESS EXPERIENCE
Competition:
NONE IN THEIR SPECIALTY IN THE LOCAL AREA
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: BUSINESS BUYER CAN PURCHASE THE PREMISES FOR $ 600,000.00 AND THE ADJOINING VACANT LAND AS WELL
Type of Location: Stand Alone
Facilities:
8500 Square foot warehouse and 5000 Square foot Outlet Store located in a convenient major thoroughfare in the New York City Metro area.
20,000 square foot adjoining lot available for $ 600,000.00
OperationYear Established: 1996
Days & Hours of Operation: Wholesale 3:00 AM- 6:00 PM Monday-Friday Retail Store Hours: Monday-Saturday: 7 AM- 7 PM Sunday: 9
Owner Hours: 60
Employees: 15
Managers: 1
Absentee Owner: No
