OFF-MARKET-Produce Business for Sale in Los Angeles, CA
OFF-MARKET-Produce Business for Sale in Los Angeles, CA
$1,100,000$4,000,000
Description
OFF-MARKET PRESENTLY
Find Produce Business for Sale
Wholesale Produce Grocery Distribution Business for Sale – $4MM Gross Steady Book!
This legacy business was started by the Seller’s father in 1980, and as much as it pains him to admit it, the grind of taking care of customers has finally taken its toll.
Grocery Produce Business Overview:
Seller desires a more low-key business venture that is not so immediately focused on daily orders, maintaining exceptional customer service, and the early hours.
He puts in many hours in this labor of love, but the time has come to pass this on to another larger enterprise, as this represents an ideal strategic acquisition for an established player in the industry.
Approximately 75 accounts, all of them save 5-10 are seasoned for over 5 years.
Averages 20% gross margin across the board on all sales, for Gross Profit of $700,000+ per year. 75% of total sales would be categorized as produce, 25% would be Etc…category, comprising of dairy, grocery, value add, all kinds of tasty treats.
Other:
NDA is required to review preliminary financials and first round due diligence package & to schedule a conference call with the Seller if requested.