Financials
Asking Price: $575,000
Down Payment: $200,000
Gross Sales: $840,000 (seller will prove)
Discretionary Cash Flow: $180,000 (seller will prove)
Inventory at Cost: $0 (included in price)
FF&E: $25,000 (included in price)
Real Estate: $0 (included in price)
Net Receivables: $0
Rent: $1,000/mo
Payroll: $4,000/mo
SBA Approval: No
Seller Financing: No
General Location: San Fernando Valley
Category: Wholesale Food-Distribution
Years in Business: 8 yrs.
Under Present Owner: 8 yrs.
Hours of Operation: M-Su 4a-12p
Owner’s Hours: 40 hrs/wk
Training: 4 wks, 25 hrs/wk
Organization Type: S Corp
Lease Expiration: Month-to-Month
Bldg Size: n/a
Parking: n/a
Reason for Sale: Health Issues
Seats: n/a
Employees: 2 FT 0 PT
Summary:
Profitable wholesale produce distributor for sale. Wholesale distributor of Produce & Vegetables to restaurants with $15,000 net profit per month. Majority of the customers located in the Los Angeles area. Well established for over 8 years, has a large base of loyal repeat customers. The company has 2 trucks and 2 drivers. Both trucks are included in the asking price.This is a true turnkey operation with all systems in place. Owners are willing to provide excellent support and training. Low rent warehouse space is in a great location with refrigeration and utilities. Sellers are motivated to sell to a qualified buyer. Additional delivery trucks and derivers will generate additional immediate cash flow… Asking Price of $575,000.
For more information, please visit www.WiseBusinesses.com, then print, complete and fax a CONFIDENTIALITY form to (818) 933-5226 or contact David Dabiri and Azi Manoussi Wise Business Advisors, at (818) 933-5222.
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It is NOT ok to contact this poster with commercial interests.
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