Wholesale Distributor, Upper Midwest

Not Disclosed, NA

Upper Midwest


Asking Price: Annual Revenue:
$1,400,000 $6,352,623

Wholesale/Distribution: Durable Goods


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RE: Wholesale Distributor, Upper Midwest Broker: Young Bebus

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $6,352,623
Net Profit: Not Disclosed
Cash Flow: $329,000
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

Email or Print Listing

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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
 
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

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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:

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