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20 Year Wholesale Food Distribution Business

Minneapolis, MN

Seller Financing Available

Asking Price:$400,000
Inventory:$90,000
EBITDA:$180,000
Established Year:2004
Gross Revenue:$698,000
Rent:$2,498/Month
FF&E:$90,000
Listing ID: 2315144Listing provided by BizBuySell
BUSINESS DESCRIPTION

Snack distribution business Twin CIties Metro area (No weekends)

Established 20 years in business snack and food wholesaler. We sell to mostly independent convenience stores, gas stations, meat markets, halal, Asian and Mexican markets and grocery. Long standing relationships with dozens of customers. This business has withstood the hands of time thriving through the GFC, COVID and all the ups and downs of the market cycles
The business is currently run with both owners working 3 days a week. This could easily be run by 1 person working 5 days a week and no weekends.
Complete detailed financials kept for 20 years available for review with NDA
Sell highly known brands, Jack Links, Barrel O Fun, Kidsmania, Topps, Blue Diamond, Energizer, Bic, Wrigley.

DETAILED INFORMATION
Location
Minneapolis, MN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,300
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2015 GMC Savanna 16 foot box truck 2009 GMC Savanna 16 foot box truck 112 feet of 4 tier heavy duty shelving 3 mobile handheld scanning in store devices and 3 mobile printers 2024 computer system 2 chest freezers 2 refrigerators 2 pallet jacks
Competition
The current competition are the big slow to pivot distribution companies like Farner Boken, Hermel, Henrys, Amcon. The market is wide open for the the twin cities and beyond.
Growth & Expansion
No limits on what products you can sell like other routes No limits on geographic location you can sell like other routes Currently no website or online presence at all, could sell much more online Warehouse has about 1500 square feet of underutilized space that could be used for more products and expansion of the current lines. No weekend work 2 routes could be consolidated into 1 and run by 1 person 5 days a week
Financing
Seller financing available up to 50%
Support & Training
One owner is willing to stay on as employee if desired, 2 months of training and support for transition of the business and accounts.
Reason for Selling
Other business opportunities
BUSINESS LOCATION
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Jeremy Muehlbauer
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Jeremy Muehlbauer
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