Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Major Wholesale Grocery Business For Sale

LISTING DETAILS
Firms For Sale ID:
33912
Vendor reference:
C7770404
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$8,400,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$26,000,000
Net profit / cashflow:
$1,700,000
Years established:
1992
Trading hours:
Days & Hours of Operation: M-F 7-5 SAT 7-3 Owner Hours: 40
Number of employees:
14
Employees / staffing:
Non-owner Payroll: $ 250,000 Employees: Full Time: 14 Managers: 1 Absentee Owner: No

OTHER DETAILS
Reason for selling:
RETIREMENT
Financing available:
$5M DOWN AND SELLER WILL FINANCE THE BALANCE
Support and training:
SELLER WILL COMPLETELY TRAIN
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
INCREDIBLE CASH AND CARRY DISTRIBUTION BUSINESS FOR SALE.. Established almost 22 years ago the proprietors have grown this small business exponentially. Their core clientele are owner of supermarkets. convenience stores, bodegas, and other small stores. The 28,000 square foot warehouse is well organized and filled from floor to ceiling . The $2,600,000 of inventory includes a wide assortment of non-perishable food items, over the counter drugs, beauty aids and other dry goods. In all they stock over 6000 different items that are routinely purchased by their loyal customer base who come from all over the region. This company carries many items that no other competitor has. All the items are bar-coded and all purchases are recorded on the POS system. In addition the facility is monitored by security camera to prevent theft. The company owns 3 trucks that are used deliveries.
ALL SALES ARE RECORDED AND ON THE BOOKS.

Expansion Potential
Growth can be attained by adding product lines and salesmen to target markets that are underserved and by adding to Imports.

Market / Competition / Non-Competition Agreements
A leader in its market catering to ethnic markets on items that no other competitor sells and Imports specialty items the they have alone.