Specialty Food Importer with Real Estate

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$575,000 $389,512

Wholesale/Distribution: Non-Durable Goods


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RE: Specialty Food Importer with Real Estate Broker: Max Friar
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $575,000
Annual Revenue: $389,512
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $450,000
Year Established: 1993
Employees: 1
BBN Listing #: 170345079
Broker Reference #: 750

Email or Print Listing

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Business Overview:

For nearly 30 years, the Company has thrived as a regional importer and distributor of specialty food items from Europe.

The Company imports a variety of non-perishable specialty foods, which it distributes mainly to grocery stores, commissaries, and restaurants. The Company is the exclusive importer and distributor of their flagship product for the entire United States.

Through its dedication to hard work and highly sought-after products, the Company has developed a loyal base of customers in the competitive specialty food market.

The Company services its customers from a conveniently-located office/warehouse building located in suburban Illinois. The building is available for purchase or lease to the buyer of the business.

Since its beginning, the Company has developed strong relationships with their suppliers and customers. In 2021, the Company generated $389,512 in sales with the owner working less than 20 hours per week. The Company operates in a great niche market distributorship, with many businesses seeking out these high-quality specialty food items.

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Property Features and Assets:

6,250 square feet industrial building. Real Estate is for sale to buyer and is included in the asking price.

Market Competition and Expansion:

Investment Highlights Include: (1) Loyal customer base (2) Exclusivity of star product throughout the United States (3) High demand Growth and Expansion: (1) Financially successful with minimal staff (2) Convenient facility location (3) COVID impact on supply chain; revenue bouncing back and demand is increasing

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.

Relevant Links:

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