Business For Sale Listing 157895
Import / Export
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Established in 1965, this long standing importing business imports varieties of dried and packaged food, fresh food, meat, beverages and gift items from England, South Africa & Australia.
They sell to stores and distributors throughout the United States. Their customers are retail stores, grocery chains, etc. Most of their customers have a very long, well- established relationship with the company.
The company does not need to spend money on advertising because the customers come to them, they are in need of the products and there are few competitors with such a long history.
The staff is well trained and experienced. Most of the employees have been with the company 7-10 years and are willing to stay with the new owner.
There are more opportunities to increase sales, like importing similar or complementing products from other countries. At this time this business is located in the Los Angeles area and can be relocated.
Annual Revenue: $3,000,000
FF&E: $200,000 (Included in the price)
Inventory: $500,000 (NOT included in the price)
Account Receivable: $400,000 ( NOT included in the price)
Seller’s Discretionary Cash Flow: $300,000
Asking Price: $700,000
Disclaimer: The information above was furnished by the seller. Neither the broker nor its agents have verified the information and make no representations as to its accuracy or reliability.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (3,000,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (300,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million (700,000) |
