Profitable Food Distributor with Option for Real Estate

Baldwin County, AL
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Asking Price:$998,500
Gross Revenue:$4,500,000
Rent:$3,750
FF&E:$175,000
Cash Flow:$400,000
Inventory:$75,000
EBITDA:$350,000
Established Year:1979
BUSINESS DESCRIPTION

This food distributor is a well-established profitable business with over 44 years of industry expertise. This lucrative business is well equipped with 3 Reefer box trucks, a large Reefer Transit van, a new Ice Vending machine, computers, and all the equipment needed to properly sell & distribute food. With 10 well-trained staff members to help you succeed they sell and deliver all types of fresh and frozen proteins. This is an excellent opportunity to own a prosperous business that delivers food to over 35 restaurants. 20% of the revenue comes from the operation of a retail food market that brings in a higher profit margin than the other distributor sales. Their sales bring in more than $4.5 million in annual revenue and great cash flow. The purchase price does not include more than a 1.5-acre lot and all buildings on it, the business can either be leased or real estate purchased. The seller is looking to slow down but is willing to stay and work with the new owner as the buyer for all the food. This business is booming so buy it now because it will not be on the market long.


DETAILED INFORMATION
Location
Baldwin County, AL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,700
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1.59 Acre lot with room to expand
Growth & Expansion
Expand the delivery area
Support & Training
30 Days support and training
Reason for Selling
Ready to slow down
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David
Chew
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David Chew