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Listing #S127369

Rapid Growth SW Produce Distributor

Rapid Growth Brand Name Produce Distb

Rapidly growing, brand name southwest home-grown produce distributor; near monopoly; 90% market share; highly profitable; proven management; loyal long-time vendor base; consistent income stream.
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Primary Business Category: Wholesale Trade - Nondurable Goods (SIC 51, NAICS 422)
Secondary Business Category: Transportation and Warehousing (SIC 40, NAICS 480)
Location: Texas
Metropolitan Area: Not Disclosed
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $11,000,000 Asking Price: Not Disclosed
Current Year Projected Revenue: $11,000,000 FF & E (included): Not Disclosed
EBITDA: Not Disclosed Inventory (included): Not Disclosed
Current Year Projected EBITDA: $1,300,000 Real Estate (included): Not Disclosed
Profitable: Yes Transaction Sought: Negotiable
Business Type: Limited Partnership Payment Requested: Not Disclosed
Financials: Compiled Seller Financing Available: No
 

Company Information

Year Established: 1984 Home Based: Yes
Number of Employees: 11 to 25 Franchise: No
Management: Available to Stay Distressed: No
Non Compete Agreement: Available Relocatable: No
Reason for Sale: Retirement
Fiscal Year End: December
Ownership: Not Disclosed
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Key Employees

58 year old general manager with 20 years with company for superb CEO ready to go immediately; sister company provides dedicated transportation services and has strong manager with long history in industry.

Facilities

Current facilities to be leased to new owner; contains warehouse with loading docks and office; adjacent building on 18 acres which generates significant income as event center (accommodates 1800 people) for major events.

Market Share

Market area is southwest US with loyal customer base for past 16-22 years; grower production increasing at rate of 20% per year; new production has successfully been incorporated; product line successfully expanded; plan in place for additional channels of distribution.