40 Year Old Distribution Company: Food Products

Not Disclosed, TN

Relocatable


Asking Price: Annual Revenue:
$650,000 $1,100,000

Food & Beverage: Suppliers, Vending


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RE: 40 Year Old Distribution Company: Food Products Broker: Bill Pinson

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $125,000
Year Established: 1976
Employees: 8
BBN Listing #: 121843201
Broker Reference #: Not Disclosed

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Business Overview:

Well Known Distribution Company in S.E.

Company Distributes Frozen Beverage Products, Popcorn, Nachos, Coffee and Ice Cream plus other items.

Company has 1400 machines on location that are producing revenue. Business covers a large territory and new buyer could also add adjoining areas.

Business is ready for new aggressive owner who can work with the current employees and double sales and profits.

Company has a very good name in the industry and their is a considerable amount of business that can be added.

Business is prime for someone that already has a line of products or someone that likes to work with store managers and store owners. assets are valued at double the amount asked for business.

You won't find a better opportunity.
Owner will stay with buyer as long as it takes to train, as part of the sale.

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Property Features and Assets:

10,000 SF Leased space. $3,000 per month rent. Business has two locations. Offices in building a block from warehouse. Offices are large and is suitable for 4 people. Warehouse is very large and capable of storing several times more merchandise than company now handles.

Market Competition and Expansion:

Business sells some products that no one else sells in the territory. There is little or no competition from other distributors that call on the accounts. The business is ready to explode with a new aggressive buyer. It comes down to a owner that has had business over 40 years and company needs new ideas with a plan to hit the ground running.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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