Share This Info:  
BizBen Posting Details

For Sale: Ethnic Food Importer Retailer And Wholesaler - San Francisco Bay Area

Save This Posting    Share This Posting    My Notes    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 252773     Last Refreshed: 5/1/19     BRE License #: 01898324    
Contact: William Mitchell At 510-523-0232 , 415-565-0232  -  Also Email This Contact Below
Price:  Call     Down:  Call     Adjusted Net:  $753,740     Revenue:  $10,312,000    
Attributes:  Training & Support     Cooperation With Brokers?  Call

  Email William Mitchell Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To William Mitchell: 

No Spam
For Best Results & Response, Email & Phone This Contact: William Mitchell at 510-523-0232 and 415-565-0232.

  Description About This Posting: Ethnic Food Importer Retailer And Wholesaler
Ethnic food importer, retailer & wholesale distributor to north america

Financial information
Asking: not disclosed
Annual gross revenue: 10,312,000
Annual net cash flow: $753,740
Furniture, fixtures & equipment: $80,000 (included in price)
Inventory: $1,098,293 (not included in price)

Summary: this is a 35-year-old importer/distributor of specialty foods from the s. Pacific, asia and latin america, selling through its retail store and also its extensive wholesale network, consistently generating over $10m annually and $750,000+ in profits.

In the united states and canada there is a growing ethnic population along with regular consumers raised on the food network demanding more ethnic foods. Most big grocery stores don't carry many of these ethnic food products. This company caters to this demand with their own market in the bay area and a wholesale distribution network that covers both the united states and canada.

This company has a well-earned reputation for providing excellent service with integrity and has successfully sustained long-term business relationships with its loyal customers and vendors. Many of the business' relationships extend back to when the company opened, 35 years ago.
It started with just its bay area retail store and eventually expanded into wholesale distribution throughout n. America. Of its $10 million in annual sales, about 15% are from its retail store and 85% from its wholesale business. The products it sells include canned meats and seafood, spaghetti/baked beans/sauces, candies/cookies/crackers/biscuits, as well as produce and frozen meats, poultry and seafood. These products are imported from many countries around the world, such as australia, new zealand, fiji and latin america.

The company buys ocean container and truck loads of these products and has them shipped from these countries, sometimes directly from the foreign manufacturers to its customers, including sub-distributors, in many u.s. States and canada. The company's bay area grocery store not only sells to its retail customers but also sells and trucks wholesale to many other retail stores in n. California and beyond.

Besides selling brands well-known in the countries from which the company imports, it also sells its own trademarked, private label brands that have become very popular with its customers.

Business attributes:
consistent revenues over past five years and very profitable
strong relationships with sub-distributors across the country
strong relationships with suppliers from source countries
long lasting relationships within the supply chain including u. S. Customs and food regulatory agencies
the business holds a strong position in the market with its own trade-marked brands
brand recognition in many u.s. States and canada

Location: san francisco bay area

Facilities: the business leases a 12,000 square foot facility with retail and ample warehouse space and a large parking lot easily able to accommodate not only retail customers but also delivery trucks. The seller owns the property and leases it back to the business. Equipment at the facility includes delivery trucks, forklifts, pallet jacks, scales, walk-in refrigerators and freezers, etc.

Growth and expansion: the seller has done almost no marketing, relying primarily on repeat business from its loyal customer base and referrals from those customers. Much could be done to market to new customers. And because this company has been operated in a very 'old school' low-tech way, a new owner could introduce up-to-date, cost-effective technology for marketing and to make operations more efficient, setting the stage for significant further growth. Another opportunity for a new business owner would be to expand the product offerings by leveraging the business' existing network of shops and sub-distributors across the country with its current products and bringing on new ones that these customers will also enjoy. Direct to consumer through the internet may be another opportunity for growing the business.

Support/training: the seller will provide the necessary training and introductions so as to facilitate a smooth transition of the ownership and operations of the company.

Financing: while an all-cash deal is much preferred, the seller may be willing to provide some seller financing for a well-qualified buyer making a very strong offer that includes a substantial down payment.

Contact information
Contact: bill mitchell

To get more information about this Ethnic Food Importer Retailer And Wholesaler business for sale in San Francisco Bay Area please phone William Mitchell (Broker - BRE License #:01898324) at 510-523-0232 and 415-565-0232 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252773 on In addition to phoning William Mitchell, make sure you email William Mitchell above to get more info about this Ethnic Food Importer Retailer And Wholesaler, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
My Posting Notes

  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

AJ Rana - Business Broker, San Francisco Bay Area

Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers

I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.

  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

FREE Webinar: Buying Or Selling San Francisco Restaurants - Best Practices

This informative 40 minute interview/webinar about buying & selling restaurants in San Francisco with restaurant broker specialist Cheryl Maloney is a real eye opener for restaurant buyers and sellers. Cheryl gives great advice to both buyers and sellers from her years of experience in the industry.

Tips From A Restaurant Broker - Check A Restaurant For Karma Before You Buy

Jeff Back (925-736-8200), a SF Bay Area broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale. Do the restaurants you're thinking of purchasing have good Karma? See Jeff's insights into this topic on restaurant karma.

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?

Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

How Do I Navigate Through The Negotiation Process When Buying A Business?

Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.

Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?

When purchasing a small to mid-szied CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.

8 Tough Questions You Most Likely Will Be Asked When Selling Your Business

When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker at 650-600-3751) reviews many of these possible questions.

BizBen Index: Weekly Results - 274 California Businesses Sold 5/21 - 5/25

For the week of 5/21 thru 5/25, 274 California small businesses were sold by business owners, business brokers, and agents. In 2017 16,956 CA small businesses were sold. So far this year (2018) 3,896 small to mid-sized California businesses have sold so far by business owners, agents, and brokers.

Due Diligence Checklist: 10 Key Items To Investigate When Buying Businesses

Buying a California small business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist. Peter Siegel, MBA (BizBen ProBuy Advisor & Business Purchase Financing Expert) at 866-270-6278 shares his views.

See All News, Tips And Events

Michael Brewer, ABC License Consultant
Rob Harman Business Broker SF Bay Area
Tim Cunha Business Brokerage
Business Purchase Financing SBA Loans
Google Plus You Tube
Vlogs and Podcasts
Southern California Legal Services For Buyers And Sellers
Diane Boudreau-Tschetter California Business Escrow, Inc.
Liquor License Brokers And Consultants

Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Ice Cream Shops
Juice, Smoothie Shops
Liquor Stores
Markets, Marts
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Contra Costa
Del Norte
El Dorado
Los Angeles
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million

BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login

Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.

First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*

You Are A:

Email Address:

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?...
Read More News
Buying A Cheap Small Business For Sale: How To Find? What To Watch Out F...
Read More News