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Business For Sale

Asian Food Wholesale Distributor

San Francisco Bay Area, CA, USA

Wholesale/Distribution: Non-Durable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$150,000
$3,845,068
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1979
11
49414312
Owner Financing is Available
Seller will negotiate financing.

Business for Sale Overview:

This 30-year-old company buys from manufacturers and delivers to its restaurant customers. Products include, but are not limited to: frozen meats, vegetables, fruits, produce, grains, spices, beverages, paper products (e.g. take-out boxes), plastic utensils, etc. The company’s 5 trucks make weekly deliveries to (mostly Asian) restaurants throughout the San Francisco Bay Area. Although the company took a big hit from the recession in 2008 and first-half 2009, with a number of its customers closing down, the business has now been stabilized and will be profitable again in 2009. Profitability can be improved immediately by trimming the work force to reflect reduced sales. Cantonese language skills would be advantageous for a buyer. The Real Estate is available for purchase for an additional $1.495MM. Buyer is required to either buyer the real estate or rent from the seller.

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:

10,000 square feet building; available for lease or purchase.

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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