Wholesale Distributor, Minnesota
Not Disclosed, MN Not Disclosed
Minnesota
Request More Information Contact the Seller
- RE: Wholesale Distributor, Minnesota
- Contact: Young Bebus
Quick Facts
| Asking Price: | $1,400,000 | |
| Annual Revenue: | $6,352,623 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $321,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $600,000 | |
| Year Established: | 1957 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 68655277 | |
| Broker Reference #: | 15229439-YB |
Business Overview:
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a Wholesale Distributor, Upper Midwest Business. The Company’s established 65-year history in the Upper Midwest region has allowed them to build strong relationships with its customers and vendors alike.
BUSINESS HIGHLIGHTS
- Industry: Food, grocery related products distribution and supply chain has been fast growing industry
- History: Established for more than 65 years and trusted by their long-term customers and suppliers
- Industrial distribution building: Purpose built industrial building as a warehouse and wholesale distribution center. Equipped with multiple walk-in cooler and freezer units and there is room to grow its capacity.
- Location: Backs up to railroad for future development or to use as value-add distribution center. Opportunity to expand to upper Midwest region
- Labor and Suppliers: Efficient and effective labor force with years of experience and many suppliers in place for risk mitigation
Customers: No customer concentration issue with more than 650 customer accounts
- Integration: Great opportunity for vertical or horizontal integration for strategic buyers
Â
INDUSTRY TRENDS
• Sales for the US food distributors industry are forecast to grow at a 13.19% compounded annual rate from 2021 to 2026. Greater than the growth of the overall economy.
• The industry is expected to be supported by rising consumer spending (2). Many analysts say that food distributors should prepare for an upcoming pandemic-related spending shift that is increasingly referred to as revenge shopping.
• Not cyclical and is better than most in recessions (2)
(1) Vertical IQ
(2) Business Reference Guide
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
