Los Angeles Food Distribution Company For Sale

Business description

Los Angeles Fine Food Distribution business for sale servicing fine dining establishments, including French and Italian restaurants. The company also services a walk-in clientele of local neighborhood customers with its small retail operation. The company has shown steady growth in the last several years.

The company's product line includes: High-end cheeses, Pastas, Oils, Tomatoes, Olives, Caviar, and Herbs and Spices, all targeted to French and Italian fine dining establishments. The company has an exclusive product line featuring special Herbs & Spices brought in from overseas and necessary for certain types of dishes. Other products the company sells include: disposable products such as Trash Can Liners, Aluminum Foils, & Plastic Wraps. The company provides extremely competitive pricing on all of their products, along with some of the best customer service in the industry, which has brought the company to the forefront in the specialty fine food distribution services. The company delivers it's products with a 2007 Ford refrigerated truck with a 12 foot cargo section. The business has 2 parking spots in the back of the building.

The company currently services less than 10% of the French and Italian restaurants in the Los Angeles area. The total numbers of French and Italian restaurants in the Los Angeles area approximately 430, thus giving a new owner a tremendous amount of growth opportunity.

The Ideal new owner needs to have a passion for the Restaurant & Food Industry. He or She will be interacting with their clients on a regular basis and will need to be very customer service oriented.

The current owner is 75 years old and looking to retire.

Property information

Real Estate:

Lease

Lease terms:

5 year lease option
Lease exp: 2010
Rent: $1,249/month

Size in square feet:

900 sqft

Other information

Expansion potential:

The company currently services less than 10% of the French and Italian restaurants in the Los Angeles area. The total numbers of French and Italian restaurants in the Los Angeles area approximately 430, thus giving a new owner a tremendous amount of growth opportunity.

Support & training:

4 weeks, 20 hours/week

Reasons for selling:

Retiring

Trading hours:

Mon-Fri 9-6

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Call

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$15,000 (included in the asking price)