#0318 Florida Dry Goods Distribution Company

Not Disclosed, FL

Tampa Bay Area


Asking Price: Annual Revenue:
$450,000 $942,446

Wholesale/Distribution: Non-Durable Goods


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RE: #0318 Florida Dry Goods Distribution Company Broker: Brian Stephens

Quick Facts

Asking Price: $450,000
Annual Revenue: $942,446
Net Profit: Not Disclosed
Cash Flow: $150,753
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: Not Disclosed
BBN Listing #: 505650148
Broker Reference #: 883-90318

Email or Print Listing

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Business Overview:

For over a decade, this company has been delivering local and national favorites to very small and large retail companies. This distribution business primarily focuses on dry goods for the food industry. The company has a great reputation and a strong variety of products. The company was purchased several years ago, and the owner kept the existing client base. The current owner will stay around for a smooth transition to allow for the next new owner to provide the same excellent opportunity.

While there are no contracts forcing customers to stay with the business, this distribution company delivers a solid product solution and a unique niche that is welcome by both the product suppliers and the retail establishments that rely on them.

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Property Features and Assets:

The company rents warehouse space close to the owner’s home. There is a three-year lease, but it allows for 60-day notice for the tenant to be released from lease obligations. This will allow for a new owner to move the warehouse to a location convenient to them. Refrigeration units are not needed for the current product line. All products are stored on pallets and shelving. The storage area includes pallet jacks, shelving, and other basics for maintaining an orderly warehouse. The current area is not very significant in size and can probably be replaced with about 1,000 square feet of similar space. Lease rate: $950/month • Note, this can be easily moved to a location in the central Florida area that’s convenient for the new owner. Currently, there is a three-year lease on the property, but it can be canceled with a 60-day notice. Building Square Footage/Land Size: 1,000 square feet

Market Competition and Expansion:

One advantage over the competition is that this business is small, agile, and resourceful. The owners listen to what the clients need and try to bring in the most requested products. They also keep an eye on what’s happening in the marketplace and try to develop new relationships with special vendors. Most of the competition are much larger companies that don’t have the flexibility for the manpower to listen to the clients. There are several ways to grow this business. One would be to find new clients that want to provide their products. Stay in touch with the food shows and local food markets are other ways to grow. For example, when the owners were on vacation outside the state, they checked in with other small businesses, which led the owners to discover new products to bring into local businesses. Additionally, there are lots of small businesses that they’ve yet to call on. Stopping in person, especially at locations that are on the way from one existing business to another, is a great way to find new clients.

Reason for Selling:

Ready to Retire.

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.

Documents:

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