Indian Foods Importer And Wholesaler In New York For Sale

Business description

Profitable and well-regarded Indian foods importer and wholesaler. FINANCIALS COMPLETELY VERIFIABLE. Products sell in 100% of Indian grocers across the U.S. Opportunity to add new lines into existing channels and also to expand into mainstream food retailers, as ethnic foods become more and more popular household staples in America. Owner is willing to stay on for up to 3 years to share his know-how and relationships. He is also open to taking on a strategic partner, who brings additional working capital to accelerate growth. New owner and/or strategic partner along with additional working capital could see a doubling/tripling of revenue over the next 3-5 years. Proof of funds a must. INVENTORY NOT INCLUDED IN ASKING PRICE.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner is willing to offer support and training in order to retire or take on a strategic partner with growth capital and stay on for another 3 years.

Employees:

8

Years established:

1985

Other information

Support & training:

yes

Financing available:

825,000 down & Negotiable

Furniture / Fixtures value:

$50,000

Inventory / Stock value:

$1,400,000