Meat, Poultry Dist Co, 25 years LA, 200k Net Inc

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Under Contract

Background

BizEx ID:BizEx1192-EM
General Location:LOS ANGELES, CA
Category: Wholesale/Distribution
Food & Kindred Products
Years in Business:25
Under Present Owner:7 - Purchased from Family
Hours of Operation:4:00 am - 12:00, M-F
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:4
Reason for Sale:Other Opportunities

Financials

Asking Price:$250,000
Down Payment:Negotiable
Gross Sales:$3,400,000
Discretionary Cash Flow:$200,000
FF&E:$70,000
Inventory Included?Yes
Inventory:$25,000
Min. Operating Capital:
Real Estate Available?No
Rent:
Payroll:$6
Financing:Buyer

2018 2017 2016
Gross Sales $ 3,400,000 $ 2,270,000 $ 2,000,000
Gross Profit $ $ $
Disc. Earnings $ 200,000 $ 180,000 $ 140,000

Description

$200,000 Net Income. Established Wholesale Meat and Poultry Distributor, LA Based Since 1992

Founded in 1992 by the owner's family, this company is well known in the industry. It has supplied the greater Los Angeles area markets, restaurants and and butcher shops with fresh meat and poultry products daily for over 25 years.

Simple Business to Operate: they have a long relationship with numerous restaurants, markets and butcher shops in LA Monday - Friday. 2  drivers pick up and deliver the various products with 2 refrigerated trucks. This could be a great semi-absentee business opportunity or an owner-operated business.

Growth Opportunity: there are many other food related products that a new, energized owner could expand into.

Training Included - the owner of the business will assist a buyer with thorough training in the business and industry.

Note: Listing Price is firm

Contact me for more information: Eric Mellem, M & A Advisor at (310) 293-6414 or emellem@bizex.net. Please complete the "Buyer Registration" including a Non-Disclosure Agreement on-line at www.bizex.net. 

 


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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.




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847

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