21 y/o Food & Grocery Product Distribution Co

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This listing is: Off Market

Background

BizEx ID:BizEx571-MS
General Location:Los Angeles, CA
Category: Wholesale/Distribution
Years in Business:21
Under Present Owner:21
Hours of Operation:Mon-Fri 8am-5pm
Owner Hours:4 Days
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:3 or 5 Year Option
Building Size:18,500
Employees:11
Reason for Sale:Other Business Interests

Financials

Asking Price:$749,000
Down Payment:Negotiable
Gross Sales:$9,442,012
Discretionary Cash Flow:$245,000
FF&E:
Inventory Included?
Inventory:$500,000
Min. Operating Capital:
Real Estate Available?No
Rent:$8,600
Financing:Call

2009 2010 2011
Gross Sales $ 8,004,217 $ 8,589,897 $ 9,442,012
Gross Profit $ 701,527 $ 774,402 $ 850,501
Disc. Earnings $ 187,565 $ 206,582 $ 245,407

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations