Contact: Shifang Sun At 510-881-6010 Cell , 510-881-6010 Text - Also Email This Contact Below
Asking Price: $1,600,000 Down Payment: $500,000
Annual SDC: $505,853
Annual Gross: $2,580,698
Attributes: Training & Support, Relocatable
Well established Healthy Wholesale /Distribution of fine gourmet foods company since year 2000. Serve 5 star Hotels, Michelin star restaurants, Wineries, Resorts and Retail stores through San Francisco and the greater San Francisco Bay Area which includes Napa and Calistoga in North Bay, East Bay, Peninsula, Monterey-Carmel area and Big Sur. Seller claims revenue before 2020 around $2.5M to $2.7M, SDE around $500,000.
This business is operated to receive orders through emails, text messages and phone calls. to deliver products to all customers. All vendors are in U.S except saffron outside country. Open Monday through Friday, occasionally open on some weekends.
Seller has home office and use two garages and commercial freezers and commercial refrigerators to store products. Seller paid rent $3700 per month with NNN. Buyer needs to relocate the business to your own location.
Currently two owners operate the business. Seller claims that 3 people can run this business well and keep it extremely profitable with current numbers.
Two Honda Odyssey minivans 2014 and 2015, and one Volkswagen 2017 are included in the price.
About 200-300 items all in prepacked. Include:
Caviar of all types, Imported and Domestic Fresh mushrooms, fresh truffles. Smoked Salmon of 5 to 7 varieties in pre-sliced sides as well as in Retail size
Truffle products. Pates, Sausages, Charcuterie, Ham and other Smoked Meats (foodservice and retail size)
Mustard, Capers, Cornichons, Pickles, Relish, Chutneys
Cheese from various countries around the world
Rice domestic and imported from India, Thailand, Italy etc
Olive Oil, Blend Oil, Extra Virgin Oil, Lemon Oil etc
Dry goods like Quinoa, Farro, Polenta, Pasta, Lentils. Also source other items per customers requests.
This is a healthy business with No single customer accounting for over 5% of gross sales, and No single item account for more than 6% of gross sales.
Due to pandemic, gross sale was dropped about half in 2020, it is coming back now. There is a big jump from May to Jun. $39,000 since all businesses was reopened on 6/15/2021. See the revenue below:
Year Revenue SDE
2017 $2,750,097 $494,467
2018 $2,781,478 $582,719
2019 $2,580,698 $505,853
2020 $1,230,169 $198,718
Not many competitors to this business, NONE of them offer the same personalized service as this business does. This business has very loyal customer base.
Seller would like to have a smooth transition with buyer, seller is willing to work for buyer full time for 2-3 months, or part time for 6 months. You buyer and seller negotiate for a term. Seller would like to have all the customer stay with buyer, the new owner and have a successful business.
Inventory is not included in the price, inventory about $80,000 to $100,000.
A/R and A/P are not included in the sale price.
Active customers: 230+
Active Vendors: 20
If you are interested, contact with me for details, thanks.
To get more information about this Gourmet Foods Wholesaler - Relocatable, High Net business for sale in
Alameda County please phone Shifang Sun - BRE License #:01984534 at 510-881-6010 Cell and 510-881-6010 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #268763 on BizBen.com. In addition to phoning
Shifang Sun, make sure you email Shifang Sun above to get more info about this
Gourmet Foods Wholesaler - Relocatable, High Net, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01984534. Alliance Bay Realty-Business.