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Business For Sale
WHSL FOOD DISTRIBUTION
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Asking Price: |
$450,000
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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1950 |
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# of Employees:
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10 |
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Yearly Gross Income:
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$1,000,000 |
Business for Sale Overview:
Company is involved in the wholesale distribution of food products to chain grocery stores and independents in south Alabama, south Mississippi and the Florida panhandle. Products include branded meat products (35%), branded spices (15%) and dry and cooled storage of cheeses, condiments, etc. (50%). There are over 50 active accounts with approximately three of these creating 25% of the total revenue.
Company has a contract with a public school system and a major big chain (like a Wal-Mart or Bruno’s).
Property Features and Assets:
40,000 square feet of warehouse and office space, which includes 8,000 square feet of freezer space storage space and 5,000 square feet of cooler space on approximately three acres of land. An additional three acres of undeveloped land available for expansion. Owner prefers to sell the real estate with the business, but will consider a lease and/or lease-to-purchase. Fair-market value of the real estate is $1,200,000.
Additional Details:
- The property is owned.
- 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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