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For Sale: Well-Established Food Distributor - Northern California

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Current Status: Active     Posting #: 208461     Last Refreshed: 9/12/18    
Contact: Mike Meredith At 949-407-6903  -  Also Email This Contact Below
Price:  $380,000     Down:  Call/Email     Adjusted Net:  $68,000     Revenue:  $4,300,000    
Attributes:  Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Well-Established Food Distributor
This forty-five year-old family-owned Company is a distributor of food products, cleaning supplies, and virtually any product that is needed by a restaurant, caterer, or other food service operation. While the warehouse is open to the public, over ninety percent of sales are delivered to local food operations located within twenty miles of the warehouse. Revenue is derived from food products (70% of sales), paper products (25%) and cleaning supplies (5%).

Located in Northern California, the Company has over 750 active commercial accounts including schools, hospitals, convalescent homes, restaurants, jails, campgrounds, convenience stores, gas stations, ice cream shops, coffee shops, frozen yogurt shops, and wineries. No account represents more than 5% of sales. The Company weathered the difficulties of the recession of 2009 which caused the industry to suffer and similar businesses to fail. The Company is positioned to double annual revenues with the addition of qualified salespeople and expanding its geographic footprint. Most operating costs are fixed so that increases in revenue should fall directly to the bottom line. The Company has strong relationships with over 40 of the best food product suppliers in the world. In addition, the Company enjoys a high level of repeat business estimated at 98%+ annually. The Company is a California certified small business.

To get more information about this Well-Established Food Distributor business for sale in Northern California please phone Mike Meredith at 949-407-6903 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #208461 on BizBen.com. In addition to phoning Mike Meredith, make sure you email Mike Meredith above to get more info about this Well-Established Food Distributor, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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