Distributor of Food Service Supplies

Charlotte, NC
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Asking Price:$925,000
Gross Revenue:$4,500,000
FF&E:$172,500
Cash Flow:$280,000
Inventory:$240,000
Established Year:1975
BUSINESS DESCRIPTION

Over 40+ year old established wholesale distributor of restaurant and food service supplies including disposable paper/plastic supplies, tableware, barware, and related products. Owner is ready to retire and the company is poised for growth under new ownership.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
17,500
Lease Expiration
28/02/2026
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
15,000 sf warehouse plus 2500 sf office, centrally located in Charlotte
Competition
The company primarily services customers within a 150mile radius of Charlotte. Competition includes local distributors, regional paper companies, large national foodservice companies, and specialized online retailers.
Growth & Expansion
Significant growth is possible with increased emphasis on sales and marketing, online sales, direct importing of products, and regional expansion.
Support & Training
4 Weeks
Reason for Selling
Retirement
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Steve
Stein
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Steve Stein