NOT DISCLOSED, Florida
| Asking Price |
$1,100,000 |
Year Established |
1974 |
|
| Annual Revenue |
$1,532,113 |
Reason for Selling |
Moving out of state. |
|
| Annual P/L |
$0 |
Attention |
Andy Fischer |
|
| Annual Cash Flow |
$250,271 |
Listing Number |
954166 |
|
| # of Employees |
5 |
Business Category |
Wholesale/Distribution: Durable Goods |
|
Business Overview:
Business for sale: Florida's leading wholesaler of restaurant tabletop items, specializing in dinnerware, glassware, and flatware. They offer an unmatched selection of unique products, making us the go-to choice for restaurants in South Florida and beyond. With over 2,000 clients, they proudly serve not only restaurants but also hotels, banquet halls, party rental companies, institutions, and other distributors. While their primary focus is South Florida, they also cater to clients across the Caribbean, Latin America, and various parts of the USA. Operating from a warehouse with a showroom, they manage deliveries with their own fleet and staff. What truly sets the company apart is their exceptional product variety and commitment to delivering top-notch customer service. Price includes $500K in Inventory. Will NOT qualify for Loan.
Property Features and Assets:
<p>Sellers own the warehouse which has 6,774 sq ft and the rent is $8,000 per month, including CAM. Seller owns the real estate the terms of the lease to be negotiated with Seller.<br></p><p>Assets = $564,399</p>
Market Competition and Expansion:
<p>Competitors are mostly local companies that sell equipment as primary category. Then they sell our lines as secondary category.<br></p><p>Expanding to Florida West coast and Northern South Florida while using same installations and vehicles.<br>Expanding more sales to the Caribbean<br>Category additions<br>Growth adding disposable products<br>Growth adding equipment<br></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