Wholesale Produce Company South Texas SBA Finance

Not Disclosed, TX

Texas


Asking Price: Annual Revenue:
$599,000 $2,368,787

Wholesale/Distribution: Non-Durable Goods


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RE: Wholesale Produce Company South Texas SBA Finance Broker: Fernando Saldivia

Quick Facts

Asking Price: $599,000
Annual Revenue: $2,368,787
Net Profit: Not Disclosed
Cash Flow: $148,551
Total Debt: Not Disclosed
FF&E: $13,800
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 475913260
Broker Reference #: 8160

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Business Overview:

Established in 2012, this wholesale produce company imports and sells a full line of fruits and vegetables to grocery suppliers and produce companies all over the US. Located in the produce terminal market of McAllen, TX, the company has built an efficient system of harvesting, packaging, sales, and distribution with growers throughout Mexico. Their produce can be found in stores like Walmart and HEB. The company is Primus GFS compliant, licensed with PACA and registered with Blue Book Produce Services. Sources of new business are 40% Blue Book, 40% word-of-mouth and 20% via advertising & social media. The company is also setup with ProducePay, a leading produce factoring company which allows them to collect payments within 30 days. Revenues last three years averaging over $2 million per year. Great growth potential to increase revenues by expanding sales staff and adding new product lines by working with more growers. Certified warehouse is 2,800+Square Feet with 15 trucks capacity. Trademark, brand name/logo and website are included in sale. Seller will provide training to ensure smooth transition with key supplier and grower contacts. The buyer can either lease the property for $2083/month base rent or buy the property for $325,000. Please refer to CBB Listing #8160

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Property Features and Assets:

2,380 square feet warehouse facility.

Market Competition and Expansion:

Expand sales staff. Add new produce lines by working with more growers. Participate in produce trade shows / expos.

Reason for Selling:

Career change will not allow time to grow biz.

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.

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