Wholesale Distributor, Minnesota
Not Disclosed, MN Not Disclosed
Minnesota
Asking Price:
$1,400,000
Annual Revenue:
$6,352,623
Request More Information Contact the Seller
- RE: Wholesale Distributor, Minnesota
- Contact: Young Bebus
Quick Facts
| Asking Price: | $1,400,000 | |
| Annual Revenue: | $6,352,623 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $321,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $600,000 | |
| Year Established: | 1957 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 68655277 | |
| Broker Reference #: | 15229439-YB |
Business Overview:
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a Wholesale Distributor, Upper Midwest Business. The Company’s established 65-year history in the Upper Midwest region has allowed them to build strong relationships with its customers and vendors alike.BUSINESS HIGHLIGHTS
- Industry: Food, grocery related products distribution and supply chain has been fast growing industry
- History: Established for more than 65 years and trusted by their long-term customers and suppliers
- Industrial distribution building: Purpose built industrial building as a warehouse and wholesale distribution center. Equipped with multiple walk-in cooler and freezer units and there is room to grow its capacity.
- Location: Backs up to railroad for future development or to use as value-add distribution center. Opportunity to expand to upper Midwest region
- Labor and Suppliers: Efficient and effective labor force with years of experience and many suppliers in place for risk mitigation
Customers: No customer concentration issue with more than 650 customer accounts
- Integration: Great opportunity for vertical or horizontal integration for strategic buyers
INDUSTRY TRENDS
• Sales for the US food distributors industry are forecast to grow at a 13.19% compounded annual rate from 2021 to 2026. Greater than the growth of the overall economy.
• The industry is expected to be supported by rising consumer spending (2). Many analysts say that food distributors should prepare for an upcoming pandemic-related spending shift that is increasingly referred to as revenge shopping.
• Not cyclical and is better than most in recessions (2)
(1) Vertical IQ
(2) Business Reference Guide
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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