HOT WHOLESALE DISTRIBUTER AND CO-PACKER IN EXPLODING PACKAGED FOOD INDUSTRY
(FOOD , DISTRIBUTION, CO-PACKING)
MORRIS, NEW JERSEY
Listed Price: $ 15,000,000
Listing ID: XCNJ205051
Listing DetailsGross Revenue: $ 14,400,000
Cash Flow: $ 3,100,000
FFE: $ 9,500,000 (Included in Price)
Inventory: $ 800,000
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT/ MOVING ABROAD
Training & Support:
COMPLETE TRAINING AND SUPPORT WILL BE PROVIDED
Listing SummaryBusiness Description:
EXTREMELY FAST GROWING PREPARED FOOD WHOLESALE DISTRIBUTER AND CO-PACKAGER FOR COMPANIES THAT DELIVER PREPARED FOOD TO HOMES AND OFFICES YEAR ROUND.
In addition to the current trade there are unlimited opportunities to work with many other kind of businesses and companies offering this kind of Company unlimited future opportunities.
THE ENCLOSED FINANCIAL INFORMATION IS A PROJECTION BASED ON CURRENT FACTS. THE BUSINESS IS CONTINUING TO EXPAND RAPIDLY!
Historical Summary:
In an extremely successful departure from the corporate world, this entrepreneur saw a need for a faster more efficient service to the busy home & office food delivery market.
Once launched, this company had immediate success.
In 2016 total sales were $4,2M; after the first quarter of 2017 this company is tracking to do over $12M in business this year.
While companies struggled to successfully provide this sought after service to the modern dual income home, this entrepreneur filled the gap and quickly saw a big return.
Portion control fruits, nuts and dried good is in its infancy in this industry with only room to grow.
This turn key operation is an integral part of the new dinner movement allowing families to once again spend time together in our busy world as well as streamlining the corporate events industry.
This impressive business is able provide high volume orders with the quickest turnaround for dried food products. Working direct with manufacturers and the best farms this company brings the freshest end product to their customer.
The industries served are limitless.
Currently the owner is making a documented $1M per month!!
Owner Qualifications:
Prior business experience a plus!
Competition:
EXTREMELY LIMITED, IF AVAILABLE AT ALL.
Potential Growth:
TOTALLY UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationLease Security: 17800
Monthly Rent: $ 17,800
Square Footage: 23000
Type of Location: Stand Alone
Facilities:
BUSINESS IS LOCATED IN A 23000 SQUARE FOOT BUILDING WITH OFFICES , MANUFACTURING AND SHIPPING FACILITIES.
OperationYear Established: 2015
Days & Hours of Operation: 9-6 M-SAT SUNDAY CLOSED
Owner Hours: 30
Employees: 56
Managers: 3
Absentee Owner: No