Food Brokerage

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Background

BizEx ID:BizEx1395-AK
General Location:Greater Los Angeles, CA
Category: Other Business Services
Food & Kindred Products
Years in Business:26
Under Present Owner:26
Hours of Operation:m-f 9am-6pm
Owner Hours:m-f 9am-6pm
Training:None
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:
Employees:1
Reason for Sale:Retirement

Financials

Asking Price:$1,450,000
Down Payment:Negotiable
Gross Sales:$533,528
Discretionary Cash Flow:$514,202
FF&E:
Inventory Included?
Inventory:$0
Min. Operating Capital:$10,000
Real Estate Available?No
Rent:

2021 2020
Gross Sales $ 533,528 $ 491,394
Gross Profit $ 533,528 $ 491,394
Disc. Earnings $ 514,202 $ 332,178

Description

The Owner consults with food businesses to create, package and implement new products.

Products are shown to a major retailer.

Owner receives a commission from product manufacturer based on what major retailer orders.

Training and recruiting staff may be a service offered to clients.

Working with food technologists, package designers and co-packers to bring forth new food products.

Some knowledge of PowerPoint and Excel is helpful.

Attending trade shows is essential to success.

Development projects may be short or long term in duration.

 

Interested parties please go to www.bizex.net and register as a buyer. Then contact Arthur Kessler at 310 650-7900 or akessler@bizex.net License #01227004


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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.




Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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