Leading Restaurant and Delicatessen Distributor

Not Disclosed, VA

NE Carolina & VA


Asking Price: Annual Revenue:
$749,500 $2,632,720

Food & Beverage: Suppliers, Vending


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RE: Leading Restaurant and Delicatessen Distributor Broker: Frank Chebalo

Quick Facts

Asking Price: $749,500
Annual Revenue: $2,632,720
Net Profit: Not Disclosed
Cash Flow: $258,015
Total Debt: Not Disclosed
FF&E: $136,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 7
BBN Listing #: 22534955
Broker Reference #: 2007-16725

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Business Overview:

This high-volume Restaurant and Delicatessen distributor has been providing service for key locations within a 150-mile radius since 1993. A well-established route and territory services 175 customers. Butcher Shop varieties of meat products make up a vast portion of the product line up from name brand manufacturers, and these main products are complemented by staples such as potatoes, pastas, and pizza. The distribution canvases all the standard needs for restaurants and delicatessens in the food category. All the product’s ship from and through their main warehouse distribution center covering all their customers three times a week. On time and fresh with unwavering customer service has been these owners’ mantra since day one. As a result, this business has grown into a strong and recognized brand comfortably generating over two million dollars in annual sales year over year. The Business and the customers locations are in desirable areas near the water in eastern Virginia and northeastern North Carolina. Two manager owners operate the business full time, and five additional employees complement the day-to-day function. The owners are committed to the business and further committed to a smooth transition for a potential buyer and will offer transition services commensurate with a buyers need to insure a successful start for a new owner.

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Property Features and Assets:

Two story 4,000 square foot warehouse facility. The first floor offers up an entry way, kitchen, 1 full bath and a half bath. 2 offices. The warehouse area consists of 2 walk-in freezers, and one walk in cooler and a large dry storage space. 2 garage doors provide for simple egress on each side of the warehouse. The second story is currently used for additional storage. An additional 800 square feet make up office space for the operation. Assets = $146,000.

Market Competition and Expansion:

There is and always has been competition in this space. The product line up, competitive pricing, and customer service has kept this business in the forefront of competition for almost 30 years. Expansion and growth will require a full-time sales representative to expand the current territory and customer base.

Reason for Selling:

Retirement.

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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