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Niche Seafood Distributor $ 210K CF Big Growth Oppty

Nice well established seafood distributor with niche products; sells to long list of restaurant customers for many years. It is a great business for an entrepreneur who is seeking a simple business to run or for a buyer seeking to grow the company; the company makes very good cash flow very consistently each year. This company is not affected by the large food distribution companies according to owner: They have unique suppliers and other unique characteristics which helps retain customers long term. Good diversity of customers. Hands-on owner is retiring. Only requires Owner and one other PT person to operate at current sales volume. owner has been in "Retirement Mode" for several years now and has not gone after new customers (even though sales have grown YOY). Great growth opportunities. Includes large Walk-in Freezer and Refrigerated truck. Buyer will need a minimum of $ 100,000 of their own cash to acquire company (assuming they qualify for 3rd party financing for balance of price) Principal buyers only please. Would be ideal for entrepreneur seeking a very stable business to grow into a larger entity, or for a synergistic/strategic acquirer. No formal asking price; seller is receptive to offers based on reasonable multiples of Owner's Cash Flow.

Please refer to listing ID: SeafoodDist

Industry:  Wholesale and Distribution
Industry Segment:  Wholesale and Distributors
Geography:  United States > North Carolina > Charlotte
Asking Price:  Not Disclosed
Gross Revenue:  $1,790,000
Cash Flow:  $210,000
Value of Inventory:  $90,000 (Included in Asking Price)
Year Established:  1996
Number of Employees:  1
Mgmt. Training/Support:  Flexible; owner is retiring and willing to do a transition period
Reason For Selling:  Retirement
Facilities:  Includes large Walk-In Freezer in leased facility
Market Outlook/Competition:  Niche supplier offering unique products not sold by larger food distributors. Customers like their products and niche suppliers and are Long Term customers
Name:  Reed Law
Email:  reed@southeastbusinessexchange.com
Phone:  704-966-1499

 

 

SOUTHEAST BUSINESS EXCHANGE
and subsidiary AMBULANCE DEALS STAT

9605 Caldwell Commons Circle, Suite A | Cornelius, NC 28031
Phone: 704-439-2510 | Fax: 704-439-2511

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