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Metro Wholesaler - Restaurant Supplies & Food Products! (17853)
Great location! This business is definitely scalable! Situated in the greater Atlanta, Georgia area, this business provides wholesale restaurant supplies and quality food products to restaurants and food stores locally. It has a special niche business! With almost two decades of experience and an excellent local reputation, company distributes fresh produce, dry goods like rice and beans, spices, oils, paper products, containers, and cleaning supplies, among others. There is opportunity for strategic expansion by picking up unique food items, both imported and domestic, adding more cleaning supplies, spices, and disposables. Fully recuperated from the effects of 2020’s pandemic, Revenues for 2022 reached $962,128 alongside Discretionary Earnings of $114,132 with sale projections for 2023 approaching $1 Million! Reliable team of three nonunion workers are likely to remain post-purchase in their roles as bookkeeper and shipping & receiving. This is an ideal opportunity for a larger corporation looking for introductions within the Latino, Indian, and Asian communities, as well as the normal U.S. clientele. Buyer can take the business to the next level, thanks to longtime alliances and direct relations with top manufacturers. With many strong industry connections and clientele ready to be transferred, new ownership can also enjoy a well-established market command, above average profit margins and long-standing happy clients! Operating from a leased warehouse of 1,700 square feet with storefront, an office and parking. Access to a cold-storage facility would be greatly advantageous for the business. Opportunities to maximize traffic exist by launching a website, online engagements, utilizing e-commerce efforts and more advertising. Available as needed for transitioning, the seller has kept the business scaled down for management purposes and is open to standard financing for the right buyer.
Listed By: David Michaelson
Background information
Seller Number:
17853
Year established:
2004
Reason selling:
Other interests.
Finance
Sales:
$962,128
Profits:
$114,132
Profit type:
Discretionary Earnings
Operations
Employees:
3 nonunion.
Equipment:
$54,391
Inventory:
$60,000
Premises
Facility:
Leased.
Square footage:
1,700+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$329,000
Financing:
Standard available for the right buyer.
Owner Transition:
Available as needed for acclimation and scaled-down management.