Asking Price: $1.2 Million
Business Description: The Business brokers well-known brand name Snacks, Candy, beverages such as Soft Drinks, Gatorade and Energy Drinks, Water, and other items with a long shelf life. They have vendors that offer the best prices and customers that will buy in trailer load quantities; some sales are smaller quantities. Trailer loads will sell for $20,000 to over $100,000.
A somewhat typical transaction: Customer orders a trailer load, Business purchases and has it shipped. Customer pays within 48 hours, in many cases before the product is received. Business pays the vendor quickly – everyone is satisfied.
Operational Strengths: The Business has a long history of locating what is needed at competitive prices. Customers and vendors are loyal.
Facility: The Business has a small office; a part time Administrative person assists the Owner. The Business could operate from a home office.
Reason for Sale: The Owner has been in the food related business for decades and will retire after a transition period.
Opportunity: The Owner is not actively looking for more business; growth is available in the same product lines and likely from expanding to other products.
The Transaction: Customer Lists and History, Vendor Contacts, and the Owner’s knowledge are the substance of the Business.
Financial Information:
| 2012 | 2013 | 2014 | |
|
Revenue |
$4.5 Million |
$5 Million |
$4.4 Million |
|
Adjusted EBITDA |
$183,000 |
$222,000 |
266,000 |
Other Highlights
| Location | Financials | Management Team in Place | Years in Business | SIC Classification |
| Relocatable Anywhere in US | Internal | yes | 20+ | 5141 |