High Profit Wholesale Food Distributor For Sale

Business description

A lucrative New York Based Wholesale Food Distribution Business delivering general food products within the five New York Boroughs. The products are a wide array of foods and beverages consistent with the New York Metropolitan area, with a large quantity of its inventory deriving from Latin American products. The business delivers only 20% of its products from its 11,500 square foot warehouse and the remaining percentage representing customer pickup. The business has existed for the past twelve years with a consistent yearly income and a steady cash flow. The business boasts a client base of approximately 300 plus customers. The business has an exceptional volume of $9,000,000 annually and the seller will evidence a net income of $550,000. The present owner is relocating and will provide a training period for a qualified buyer. This is a wonderful opportunity to enter a solid industry in a key area with a high demand for food and beverage products. Please call for further information.

Property information

Real Estate:

Lease

Lease terms:

The business has an existing eight year lease with additional options for continuation.

Location:

Business facility consits of 11,500 square feet, which includes loading docks and private offices. The sale also includes two trucks and all equipment in the facility. The location has ample private parking available.

Other information

Expansion potential:

The present business does not have a marketing plan or sales staff. By implementing an updated advertising program, the business can be further developed.

Competition / Market:

Limited competitors exist in this industry and in this particular area.

Support & training:

Seller will provide a complete observation period for a qualified purchaser.

Reasons for selling:

Relocating to Florida

Trading hours:

Six Day Operation 5:30 to 4:00pm

Financing available:

Financing is available for a qualified purchaser.

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$950,000