Seller's Contact Information

  • RE:  90 Year Food Distributor And Grocery Store
  • Contact:  Jona Quiles

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $3,600,000
Net Profit: $344,318
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: $450,000
Year Established: 1928
Employees: 11
BBN Listing #: 707063947
Broker Reference #: 7182022-942737

Email or Print Listing

Business Overview:

Founded in 1928, a successful regional wholesale food distributor in Utica, NY delivering gourmet products to local restaurants and businesses from Syracuse to Watertown to Amsterdam. Included with the delivery business is an on-site, busy, 'cash and carry' store that retails to the public.

The current owners (third generation of the founder) are looking to retire and pass their success on to new owners.

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Property Features and Assets:

3 story, 47,000 square feet building, 8,300 square foot warehouse, 15 parking spots, 3 loading docks, 5,500 square feet store.

Market Competition and Expansion:

Competitors are larger distributors such as Sysco and some local distributors.

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:

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Cash Flow $280,000
Revenue $789,362

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