BizBen.com
500 New & Refreshed Posts, Postings Daily
Over 8,000 Postings & 2,500 Resources
Assisting Buyers & Sellers Over 25 Years!

Sort By
Most Recent
Price: Low To High
Price: High To Low
SDC: Low To High
SDC: High To Low

Show Only
For Sale Postings
Wanted Postings

Show Only Asking Price
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

Show Only Annual SDC
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

Select States
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Puerto Rico


Select Categories / Types
Auto Related  
Business Services  
Children Related  
Communications  
Computer / Internet  
Construction Related  
Entertainment Related  
Financial Services  
Health / Beauty  
Home Improvement  
Maintenance Related  
Manufacturing  
Media / Publishing  
Pet Related  
Photography / Video  
Real Estate Services  
Restaurant Related  
Retail Related  
Service Related  
Sports Related  
Transportation Related  
Travel Related  
Wholesale Related  

Attributes
With Real Estate
Real Estate Available
Franchise
Absentee Run
Semi-Absentee Run
Asset Sale
Home Based
Lifestyle
Relocatable
For Sale By Owner
Broker-Broker Coop
SBA Loan Pre-Qualified
Training And Support
Owner Financing

Filter Results  Right Arrow

 
Share:  

For Sale: Gourmet Foods Wholesaler - Relocatable, High Net - Alameda County


Current Status: Active     Posting #: 268763     Last Refreshed: 9/14/21    
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.

Operations:
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.

Products:
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.

Gross sales:
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
2021
Jan. $45,020
Feb. $91,435
Mar. $122,132
Apr. $134,767
May. $137,000
Jun. $176,000

Competitions:
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 support:
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.

Alameda County Gourmet Foods Wholesaler - Relocatable, High Net Business For Sale

Email Shifang Sun Below About This Posting




No Spam
For Best Results & Response, Email & Phone This Contact: Shifang Sun at 510-881-6010 Cell and 510-881-6010 Text.



Listen To Our Latest Podcast Session On Buying & Selling Small Businesses



Place A Posting To Sell Or Buy A Business, Search All Postings


Sell A Business Fast: Place A For Sale Posting Now To Sell A Small Business - 7 Programs To Select From >
Find A Business To Buy Fast: Place A Wanted To Buy Posting Today - Best Way To Find & Buy A Business >
Search Business For Sale & Wanted To Buy Postings On BizBen - 500 New & Refreshed Postings Daily! >

Featured Info: Related Advisors, Events, Resources, Blog Posts, Discussions, Postings

Taking Back Up Offers Important Back-Up Offers: Crucial When Buying Or Selling A Small To Mid-Sized Business

An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
Why Many Deals Fail Why Many Deals Fail: Unrealistic High Asking Prices Are Usually The Culprit

The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
Diane Boudreau-Tschetter Escrow Services Diane Boudreau-Tschetter: Escrow & Bulk Sale Services Throughout California

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.
SBA Loan Financing To Buy A Business Need Financing To Buy A Business? SBA & Non SBA Financing Available Today

For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
8 Questions To Sellers 8 Questions You Most Likely Will Be Asked When Selling Your Small 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) reviews many of these possible questions from potential buyers.
Sellers Discretionary Cash Add Backs Add Backs: Defining Sellers Discretionary Cash When Buying A Small Business

The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Selling A Business 13 Crucial Tips Selling A Small To Mid-Sized Business: 13 Crucial Items To Sell A Business

Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
Great Questions To Ask A Seller As A Business Buyer What Questions Should I Ask The Owner, Seller Or Broker?

Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Buying An Absentee Small Business The Pros And Cons Of Buying An Absentee Run Small Business In California

Peter Siegel, MBA - BizBen Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small business in the California marketplace.
Keeping A Business Sale Confidential Why Is A Small Business Sale Kept Confidential? Advisors Discuss This Topic

Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple Advisors weigh in on this subject. What would be your answer to this business owner? ProIntermediaries on BizBen discuss this topic.