Details

Well known, landmark regional food distributor with select USDA food processing lines has been part of the fabric of the surrounding local community for more than 80 years. Near absentee owned and operated with consistent and reliable revenues greater than $10 Million annual. Profitable net cash flow with very limited sales outreach, marketing or direct management accountability. Long-term and diverse, repeating customer base ranges from grocery store chains to specialty restaurants. Product offering includes a full line of premium products at mid-market and competitive pricing, including Produce, Branded Protein Programs, Seafood and Dairy. Known by customers for exemplary customer service and “family run flexibility” in meeting customers’ needs.

Real estate appraisal is pending and for sale at fair market value, and is not included in offering price. 2.07 acre property includes two buildings that total 14,036 Sq Ft. Well maintained facility with updated equipment and leasehold improvements. Sales price includes $400,000 of inventory. Other assets to transfer include 6 trucks (3 leased) and all equipment in use today in running the business. New version of management software. Immediate upside to grow revenues both within the current geographic footprint and beyond with new management focus and implementing an outbound sales and marketing strategy.

Please be aware that confidential information will not be provided without a completed NDA and Buyer Profile questionnaire document that includes a financial condition statement that is approved by Seller, along with an introductory broker conversation.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.