NYC Meat Distributor-$6M Sales-Established 40 Yrs.

Not Disclosed, NY

Asking Price: Annual Revenue:
$1,295,000 $6,094,000

Wholesale/Distribution: Non-Durable Goods

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RE: NYC Meat Distributor-$6M Sales-Established 40 Yrs. Broker: John Inzilla
Owner Financing is Available!
$149,500 down/$259,000 over 60 months @ 6% / Other Financing.

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $6,094,000
Net Profit: Not Disclosed
Cash Flow: $710,000
Total Debt: Not Disclosed
FF&E: $89,500
Real Estate: Not Disclosed
Year Established: 1983
Employees: 4
BBN Listing #: 2054955
Broker Reference #: 3401-16614

Email or Print Listing

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Business Overview:

$6 Million in sales - Consistent Long-term Customer Base - Reliable Staff - Strong Profits - Opportunity for Growth

Lender Financing Pre-Qualified!! Only $149,500 down with Lender & Seller Financing for a qualified buyer!

Established 1983, large recurring revenue. Wholesale meat distribution purveyor specializing in all types of meats and serving the New York City restaurant industry. Most customers are located in Manhattan, Brooklyn, Queens, Staten Island and Long Island.

Maintains a wide variety of customers (40-50) to make up a diverse portfolio serviced through the use of five (5) company owned trucks. Customer concentration is not a factor with the top 3 customers only accounting for about 7% of total sales.

The business has been in existence since 1983 and has a well-established, exceptional reputation and customer list. You'll notice in the financials that the business, like all NYC food service businesses had a sharp decline in revenue in 2020. This was 100% COVID related as a result of drastic shutdowns in NYC, especially in the restaurant industry which directly impacted this business' ability to sell meat products.

Business has fully recovered from pandemic related reduction and is growing past 2019 levels.

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Property Features and Assets:

LOW overhead! The business operates out of the owner's home and on the road with trucks stored at various lots for each driver to pick up daily. The product is purchased fresh at major NY area meat markets on a daily basis to ensure freshness. Assets = $89,500.

Market Competition and Expansion:

There is consistent demand for meat products in the market served by this customer. While competition is significant, the reputation and longevity of this business sets itself apart from others in the industry. Customer retention is excellent predicated on high quality, fair prices and reasonable terms. There is plenty of room for growth by increasing marketing and advertising as well as social media and establishing a website presence. Currently, the business thrives on word of mouth and its current customer base. Also, the business can be expanded by adding additional trucks and covering a larger geography, such as New Jersey and the Bronx.

Reason for Selling:

Owner is retiring, but will help transition.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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