Grocery Wholesale Distributor - Name-Brand, Dry, Retail-Ready Grocery

Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDA$530,000

Gross Revenue$6,300,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

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Grocery Wholesale Distributor - Name-Brand, Dry, Retail-Ready Grocery


Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDA$530,000

Gross Revenue$6,300,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

Business Description
Wholesale grocery and product distributor, specializing exclusively in business-to-business (B2B) transactions to independent retailers (45% of 2024 revenue), discount stores (43%), and other wholesalers (12%). The Company’s offerings, presenting a vast array of high-quality, name-brand dry retail-ready groceries, food items, and a spectrum of related products including a diverse and comprehensive food inventory spanning from essential pantry staples to gourmet delicacies that encompass various related products crucial for retail, restaurant, and business operations. The Company has 3 major divisions of products, namely closeout groceries (85% of 2024 revenue), dry groceries (10%), and general merchandising (5%). With an unwavering commitment to quality assurance, business partners access trusted and renowned brands that resonate seamlessly with both distributors and end consumers.
About the Business
Years in Operation
19
Number of Employees
14
Facilities & Assets
Current facilities are primarily used to store inventory for future orders and as an office space for management purposes. Management indicates that its current locations are adequate for expansion in the near-term, and expects this space to be leased in the future for current rates ($98,000/year).
Market Outlook / Competition
Nurtured exceptionally strong customer relationships, forming a cornerstone of its success. Leveraging these relationships, the Company's revenue generation primarily stems from repeat business and a robust industry reputation. Currently, approximately 90% of the Company's revenue is derived from customers who have previously engaged. Established reputation and extensive network within the industry. This reputation allows the Company to capitalize on the trust and goodwill it has built .
Opportunities for Growth
Additional sales and marketing with support staff as needed.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
27,000
Rent
$8,166.67 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will consider staying to manage the business after sale - seller dependent. Will provide any support and training necessary for transition.
Listing Info
ID
2373784
Listing Views
494

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Business Listed by: Joseph Hige Hige Consulting LLC

Listing ID: 2373784 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.