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Gourmet Foods Distributor Business

Name: Gourmet Foods Distributor Business
Price range: $$

Listing

1771

Suffolk County, MA

Revenue

$2,478,000

Cash Flow

$298,748

Asking Price

$995,000

Asking price details

Includes FF&E estimated at $34,225 and inventory estimated $50,000

Business Description

This company sells and delivers specialty domestic and imported foods to luxury hotel and restaurant customers.
• Over 80+ customers; low customer concentration
• Business ideally located close to customers.
• Same-day delivery capability for urgent customer orders
• Diversified and unique product line of nearly 2,500 food items
• Several customers have a 40-year trade history or longer.

When the pandemic hit, this business needed to pivot the way that it operated when it comes to facilities. During these past three years, the business has been able to significantly shrink its facilities footprint by half and produce the same amount of revenue.

Growth Expansion and Opportunities

While 2020 and 2021 were leaner years for this business, they have made a remarkable turnaround and have produced revenues in line with pre-pandemic numbers.

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling

Life style changes

Employees

5 FT

Terms

A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.

Broker

Bil Zarch

Confidentiality Agreement: Download, fill it in and return it to us via email or fax to get the identity and full report about the business

Download NDA PDF