Seller's Contact Information
- RE: Healthy Foods Distributor
- Contact: Robert Fahrenhorst
Quick Facts
| Asking Price: | $4,250,000 | |
| Annual Revenue: | $22,000,000 | |
| Net Profit: | $1 | |
| Cash Flow: | $1,200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 25,000 | |
| Real Estate: | $850,000 | |
| Year Established: | 1990 | |
| Employees: | 6 | |
| BBN Listing #: | 996125018 | |
| Broker Reference #: | 14-630 ARMOR FOODSERVICE |
Business Overview:
Armor Foodservice (“Company”) is a privately held supplier of agricultural commodities catering primarily to business clients in the food industry. The Company’s primary products include dry beans, rice, grain and other varietals. Within their product mix, Armor also offers certain niche products differentiated by their color, brightness, size and processing. Their customers are attracted to Armor's niche product offering in addition to their service, reliability and market knowledge.
The Company sells through a variety of desirable channels including regional retailers, national wholesalers, specialty ethnic food stores, packaged foods manufacturers, canners, food service and co-pack. Their products are sold primarily throughout the western United States plus select markets in the south east.
The Owner is preparing for retirement and has trained certain key employees to manage the business in their absence. The Owner is prepared for an immediate transaction.
This business represents two clearly defined growth prospects. First, they have the opportunity to fold in new products lines which can be offered to their existing customers. Since they do not warehouse inventory, adding new products would require less financial commitment and minimal expansion of administrative operations. Secondly, the Company operates mainly in the west and mid-west regions. A slight increase in the sales and marketing budget would allow them to pursue new accounts in the east coast.
Financial Note: The raw cost of Armor’s products can vary year-to-year. Although the revenues in 2014 will show a 24% decline, the volume (tonnage) of goods sold will be similar to 2013.
For more information, contact Robert Fahrenhorst by phone or email.
Corporate DRE# 01252257
Information contained herein deemed reliable but not guaranteed.
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Property Features and Assets:
The facility is fully administrative. Since they do not warehouse inventory, the building is less than 2,500 square feet total space.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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