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North Carolina Business For Sale

Wholesale Food Distributor Serving NC and SC

Not Disclosed, NC

Wholesale/Distribution: Non-Durable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,800,000
$8,122,487
Not Disclosed
$351,757
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
13
1246351
Owner Financing is Available
Seller will consider an appropriate component of owner financing based on overall offer terms.

Business Overview:

Specialty food distributor servicing North and South Carolina. Successful and profitable business with multiple streams of income features: cold storage warehouse and office facility, same day delivery service via company owned refrigerated truck fleet, and factory direct relationships to national brand meat and poultry plants. Established base of loyal repeat grocery and restaurant customers in SE North Carolina and NE South Carolina. Separate retail operation in North Carolina enables company to maximize gross profit margins. Parallel logistics operation ships over $2mm in dry goods to diverse customer base.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

~8,000square feet temp controlled building housing food storage with freezers and coolers, warehousing and sales office. Centrally located on 4 acres of fenced land.

Market Competition and Expansion:

This business has been extremely successful operating in a niche focusing on specialty wholesale food products. Indirect competition from "full service" broad line food service distributors. The Southeast Region continues to be the bright spot for growth in the US and this company is poised to benefit from the expanding markets in North and South Carolina. The BRAC (Base Realignment & Closing) initiative at neighboring Fort Bragg will bring over 40,000 new residents to the local market through 2011. In addition, the mild climate coupled with the low cost of living create a recipe that is generating an expanding customer base of retirees, lifestyle motivated movers and value oriented families. There are a number of logical and cost effective areas to grow and expand this business. Specifics will be discussed with qualified buyers.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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