90+ Year Food Distributor and Grocery Store

Not Disclosed, NY
Oneida County


Asking Price: Annual Revenue:
$1,700,000 $3,600,000

Food & Beverage: Grocery & Food Stores


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RE: 90+ Year Food Distributor and Grocery Store Broker: 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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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