Established in the 1960's, this second-generation family-owned business combines a rich history with a robust operational framework, making it an ideal venture for potential buyers seeking both stability and growth.
- Longstanding Legacy: With over 60 years in the industry, this company has established significant brand recognition and a solid operational base.
- Extensive Facilities: The property features a 20,000 sq ft building that accommodates both warehouse and office space, situated on 50 acres of land that includes a 6,500 sq ft house.
- Comprehensive Equipment: A fleet of delivery vehicles supports distribution within a 100-mile radius, with potential for expansion.
- Valuable Licenses: The business holds a USDA federal processing license for raw products, a seafood license, and copyrighted products.
- Experienced Workforce: The company employs 20 individuals, including managers who are well-equipped to run operations, ensuring continuity and expertise.
- Financial Robustness: Boasting $9 million in annual revenue with a substantial cash flow of $800k.
- Diverse Clientele: The business serves over 600 steady customers, including restaurants, health facilities, and retail stores, ensuring a stable and diversified revenue stream.
Growth and Investment Highlights:
- Wholesale Focus: The primarily wholesale business model supports stable, high-volume sales and offers room for significant growth by potentially expanding the delivery radius beyond the current 100 miles.
- Flexible Acquisition Options: Buyers can choose to purchase the entire business including real estate, acquire just the operational business, or opt for a scenario where the current owner remains to manage operations.
- Proven Profitability: The consistent financial performance underscores the business’s capacity for sustained profit generation.
- Potential for Expansion: There are ample opportunities to broaden market reach and increase revenue streams, particularly by leveraging the existing brand reputation and operational infrastructure.
Investor Considerations: This business not only promises immediate profitability but also offers a platform for considerable growth. With flexible terms and various sale scenarios supported by transition assistance from the current owner, the company stands out as a premier investment opportunity in the food distribution industry.
Potential investors looking for a business with a longstanding reputation, solid market presence, and significant growth opportunities should consider this as a top choice in their investment portfolio!
