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Business For Sale
ESTABLISHED MEDITERRANEAN SPECIALTY FOOD DISTRIBUT
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Asking Price: |
$395,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Non-Durable
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Reason for Selling:
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Retirement |
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Year Established:
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1983 |
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# of Employees:
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3 |
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Yearly Revenues:
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$669,789 |
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Yearly Cash Flow:
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$100,584 |
Business for Sale Overview:
Bank Financing Available With 25% Down Payment For A Qualified Buyer.
Established Mediterranean distributor of specialty foods with a well known deli, and bakery in Chicago. This business is a full service purveyor for specialty food products with restaurant clientele and retail to the public. Some of the specialty foods available are cheeses, desserts, sausage and olive oil.
The business carries about $125,000 in inventory and is part of the sale price but certain times of the year could increase the inventory and would be reflected in an increased or decreased price. Presently 20% of the revenues are wholesale in nature.
The business was founded 25 years ago and has been at its present location for the last 19 years and has served the public with a great reputation. The catering business is one they are just beginning to realize and a great area of opportunity for a new owner. The business has been priced right and is growing with a nice cash flow.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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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