Hot Listing

Wholesale Produce Distributor HACCP Certified Pre-Cut Vegetable Manuf

Asking PriceNot Disclosed

Cash Flow
$4,102,766

EBITDA$1,751,602

Gross Revenue$49,661,293

InventoryNot Disclosed

FF&E$13,000,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Wholesale Produce Distributor HACCP Certified Pre-Cut Vegetable Manuf


Asking PriceNot Disclosed

Cash Flow
$4,102,766

EBITDA$1,751,602

Gross Revenue$49,661,293

InventoryNot Disclosed

FF&E$13,000,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Wholesale Produce Distributor HACCP Certified Pre-Cut Vegetable Manuf
ProNova Partners exclusively represents a Company that has grown over three generations from a single delivery vehicle to a HACCP Certified facility containing over $13MM+ in assets doing $49,000,000+ in top line revenue spread across their wholly-owned fleet of vehicles. The CEO is 100% shareholder of all critical assets of the Company, including the real estate, all outstanding shares of the parent entity, and subsidiaries of the Company that generate adjusted EBITDA of ~$4.1MM. Two seasoned executives that have been with the Company for 19 years each are excited to continue as-is to assist an assigned CEO brought in by the Buyers, or they are equally eager to advance to co-CEO roles should the purchaser decide an active member of their investment team is not required on premise.

Every single key performance indicator an acquirer would potentially assess has been monitored both on an historical (daily/weekly/monthly/quarterly/yearly) and represents an ongoing daily laser focus of the management team. Gross margin, satellite aided fleet monitoring, inventory turn, waste minimization, 96-camera security with remote access, along with every conceivable critical sales, purchasing and financial reports are forwarded to the CEO’s inbox daily. The Company has deployed significant capital reinvestment into best of breed technology tools to assist management in their quest to maintain industry leading operational efficiencies while maximizing customer satisfaction. Management’s continual rigorous examination on a holistic operational level makes it near impossible to poach active clients while continually eroding market share from their competitors year after year due to the superior and profitable services provided to their client base.

The entire Company and the executive team are excited by the future that lies ahead by teaming up with a well-capitalized partner. Nine figure top line sales should be in play with additional strategic expansion initiatives beyond the immediate target area serviced by the Company. Surviving and weathering the C19 pandemic, the time is now to team up with this organization to grow and become the dominant force in their region and beyond.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
Years in Operation
49
Employees
100
Facilities & Assets
Awesome facilities, both owned premises, shows PHENOMENALLY!
Market Outlook / Competition
Wholesale food is generally a relatively competitive space but this Company tends to win more than their fair share of competitive bidding situations for marquis clients.
Opportunities for Growth
Perfect platform play. CIM covers this extensively.
About the Sale
Seller Motivation
Liquidity event for Seller, and teaming up with the right supportive capital par
Transition Support
As needed. Remaining co-CEO’s will stay, so flexibility exists on transition dynamics and specifics per Buyer preference and the Buyer’s team & skillsets coming in.
Financing Options
If the price and deal structure is right.
Listing Info
ID
2357344
Listing Views
1374

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Business Listed by: Rick Carlson ProNova Partners

Listing ID: 2357344 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.


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