Business for Sale

Best LA Food Distributors

BizEx1120-AK

Background

General Location:Los Angeles, CA
Category: Food & Kindred Products
Paper & Allied Products
Years in Business:53
Under Present Owner:2
Hours of Operation:mon-fri 8am-5pm
Owner Hours:as desired
Training:3 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:
Building Size:130,000
Employees:8
Reason for Sale:Other Business Interests

Financials

Asking Price:$665,000
Down Payment:Negotiable
Gross Sales:$2,294,288
Discretionary Cash Flow:$309,634
FF&E:$20,000
Inventory Included?No
Inventory:$80-100,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$0
Payroll:$20,000
Financing:SBA

2017 2016 Mar-Dec
Gross Sales $ 2,294,288 $ 1,931,401
Gross Profit $ 568,711 $ 500,307
Disc. Earnings $ 309,634 $ 92,716

Description

More than 53 years of success define this distributor of food, janitorial and paper products.

The business serves a wide range of customers from bars, restaurants, caterers, retail food shops, healthcare, schools, hospitality and government facilities.

Ideally located in Los Angeles they serve customers throughout Greater LA.

Products for everyone's needs include custom printing, industrial packaging, baked goods, dry and canned commodity items. oils, sauces, spices, rice, beans, soft drinks and syrups.

Quality products combined with quality service and competitive pricing make this wholesale distributor an excellent opportunity for a smart buyer.

This business does well in all economic times because people have to eat.

The business has been PRE-APPROVED for an SBA loan.

This is a perfect opportunity for a buyer seeking an EB-5 visa.

Interested parties please register as a buyer at www.bizex.net then call Arthur Kessler at 310 882-2200 x126 or 310 650-7900 for more information.

 

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004