Food and Dry Goods Distribution Business - SOLD

 Sold Listings / 1158 views / Sold

Price: $600,000.00

This Food and Dry Goods Distribution business for sale has a long-established presence in its market, and a loyal customer base. The business is a wholesale supplier of fresh produce, frozen and refrigerated foods, and dry goods in Central Indiana. With over 3000 different types of products offered in a large warehouse space, they boast a strong inventory to meet the needs of chain and independent restaurants, events, and other food service locations.

Food and Dry Goods Distribution Business Characteristics

  • This business markets primarily through word of mouth, with a loyal customer base.
  • They are a retail cash and carry for local walk-in customer.
  • This business has strong brand recognition for over 50 years.
  • They have been fairly resistant to challenges caused by COVID-19.
  • This business is conveniently located on interstate transport system.
  • The purchase includes substantial acreage and the surrounding area allows for future facilities.

The following are growth opportunities for this business:

  • Dedicated sales and marketing employee for targeted selling
  • Increased dry storage space and facilities growth
  • E-commerce for online ordering and customer experience, as well as expanded online presence
  • Expanded delivery routes to additional clientele

Employee Information:

In addition to management, there are 8 full-time employees: 3 warehouse, 2 office and 3 delivery drivers. With the exception of the Seller, it is not anticipated that there will be any employee turnover as a result of the sale

 

Food and Dry Goods Distribution Business Financial GraphFinancial Information:

2021 Revenue: $4,181,267
2020 Revenue: $3,370,612 & Cash Flow: $149,927
2019 Revenue: $3,531,611 & Cash Flow: $159,811
2018 Revenue: $3,736,558 & Cash Flow: $204,296

* Graph  illustrates steady financial performance throughout COVID-19.

Asking Price Breakdown:

$600,000 for Food and Dry Goods Distribution Business
$600,000 for Building / Real Estate

 

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  • Location : Indiana
  • Listing # : M-N2028

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