Contact Information

 

 

Leading Restaurant and Delicatessen Distributor

  • Listing# : 16725
  • Listed Price : $749,500
  • Total Sales : $2,632,720
  • SIC : 2099
  • Down Payment : $150,000
  • Status : Active
  • Discretionary Earnings : $258,015

Business Type :

Food Business Retail / Food Retail Meats

Business Description :

This high-volume Restaurant and Delicatessen distributor has been providing service for key locations within a 150-mile radius since 1993. A well-established route and territory services 175 customers. Butcher Shop varieties of meat products make up a vast portion of the product line up from name brand manufacturers, and these main products are complemented by staples such as potatoes, pastas, and pizza. The distribution canvases all the standard needs for restaurants and delicatessens in the food category. All the product’s ship from and through their main warehouse distribution center covering all their customers three times a week. On time and fresh with unwavering customer service has been these owners’ mantra since day one. As a result, this business has grown into a strong and recognized brand comfortably generating over two million dollars in annual sales year over year. The Business and the customers locations are in desirable areas near the water in eastern Virginia and northeastern North Carolina. Two manager owners operate the business full time, and five additional employees complement the day-to-day function. The owners are committed to the business and further committed to a smooth transition for a potential buyer and will offer transition services commensurate with a buyers need to insure a successful start for a new owner.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $165,787
    • Incl : No
    • FF&E $136,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $146,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Food Business Retail