SAN DIEGO, California
| Asking Price |
$675,000 |
Year Established |
1986 |
|
| Annual Revenue |
$1,323,147 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$225,399 |
Attention |
Don DiSpaltro |
|
| Annual Cash Flow |
$225,399 |
Listing Number |
1011761 |
|
| # of Employees |
|
Business Category |
Wholesale/Distribution: Non-Durable Goods |
|
Business Overview:
Established independent, owner-operated specialty snack food route business with over 40 years of continuous operation in San Diego County. The company distributes its own trademarked, branded, non‑refrigerated products to a large base of loyal independent retail accounts, generating approximately $1.3M in annual revenue. The route network is well developed, supported by long-standing customer relationships and a strong market presence, with clear opportunities for expansion. Offered at $675K based on $225K SDE (a 3x multiple consistent with industry norms), the business features clean financials that have been preapproved for SBA financing when matched to a qualified buyer. The sale includes roughly $25K in inventory along with all furniture, fixtures, and equipment. Currently operated efficiently by the Seller working approximately 30 to 35 hours per week. With plans to expand, the business presents meaningful upside for a buyer focused on growth.
Property Features and Assets:
<p><br></p><p> </p><p>The company operates from a 2,000 square-foot industrial warehouse. The facility features exceptional ceiling height, pallet racking systems across 11 bays, and an owned propane forklift — enabling efficient pallet-in, pallet-out operations that dramatically minimize labor requirements. The gross lease rate is exceptionally reasonable and represents a significant operational advantage. The current lease term expires in June 2027; the seller reports confidence that the landlord will be receptive to renewal with extensions sufficient to meet SBA occupancy requirements.</p><p> </p>
Market Competition and Expansion:
<p>Add an additional route operator to expand outside of the current market area.</p><p> </p><p>Expand to other market areas where existing customers have locations.</p><p> </p><p>Target potential customers that have demonstrated consumption of Seller’s products.</p><p> </p><p>Activate the company website for inbound marketing, mail-order retail, and lead generation from a larger customer base.</p><p> </p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity