Dry Grocery Wholesale Business
Not Disclosed, VA Not Disclosed
Metro Area
Seller's Contact Information
- RE: Dry Grocery Wholesale Business
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $8,000,000 | |
| Net Profit: | $5,000,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 14 | |
| BBN Listing #: | 965048609 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer for acquisition a very profitable dry grocery wholesale business in Virginia. The Company is pursuing a competitive strategy of differentiation as a full-service direct store delivery service. It is differentiated from its competition through its strong customer relationships and superior reputation for quality.
The Company primarily serves groceries and wholesale groceries. The Company distributes its products to about 360 retail stores via 14 pre-established routes.
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Property Features and Assets:
Location is leased near major metro area.
Market Competition and Expansion:
Over the five years to 2027, industry revenue is expected to increase as the economy continues to recover from the coronavirus. Overall, improving economic and social conditions are projected to lead industry revenue to grow an annualized 1.2% to $270.7 billion over the five years to 2027. Moving forward, growing demand for specialized goods will likely lead smaller companies to carve out niche markets, supplying locally produced foods, ethnic foods and specialty imported foods.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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