Food Distribution Business in South Florida for Sale in South Florida

Price: $3,100,000

Location: South Florida

Industry: Accommodation and Food Services

Listing ID: 42734578

Listing Status: Under Contract

Description

For 22 years this Food Service Distributor has met the needs of local restauranteurs in the tri county area of South Florida. Current Owners acquired it in 2013 and since then sales have increased 8-fold as it expanded the scope of its services from Broward County into Miami Dade and Palm Beach Counties. It caters to the food service industry, mostly but not limited to restaurants, by delivering in a timely manner, in their fleet of refrigerated trucks, all food products required by restaurants, country clubs, senior retirement facilities, schools and similar businesses, that serve prepared foods. The need for the service it provides is evident as restaurant owners' time and energy is limited and is better used in other endeavors of their operations, different from procuring, transporting, loading, and unloading their provisions. The industrial providers such as US Foods and Sysco Foods provide this service, but their cost is higher and their lack of flexibility to cater smaller businesses with smaller orders, smaller quantities of a single product and urgent unexpected needs requires a better option for the restauranteur. Therefore, the need of smaller and more efficient operators. With over 41,000 restaurants in the state of Florida and 7 out of restaurants being single operations there is no lack of potential clients for this business to continue to grow.

LISTING DETAILS

Down Payment: $400,000

Total Sales: $8,218,585

Cash Flow: $954,262

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 1999

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Type of Location: warehouse

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER