Latin-market Distributor, Amazing 31.65% Annual Growth since 2000!

Location: Florida, United States
Category: Wholesale and Distribution
Type: Established

Financials

Asking Price: $1,800,000
Cash flow: $350,000
Revenue: Not Disclosed
Gross Income: $3,955,000
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

The business has continued to grow each year. The annual revenues for 2000 were $843M & for 2001 were $1,191MM, all the way up to $3,955,000 for 2004! The Latino population in Florida is exploding and the demand for this distributors products are increasing every day. This business is poised to go to the next level with the proper ownership. A new buyer MUST speak Spanish or have a Spanish-speaking manager on staff, as most of the clients and exporters are Spanish-speakers. PRINCIPALS ONLY!

10,000 sq ft. warehouse/office, Lease expires 12/06. New lease negotiable. The sale includes several vehicles.
Very little competition. State-wide food distribution dealing primarily with independent Latin grocery stores & restaurants.

The business currently does not distribute to major chain grocery stores. As they have the exclusive rights to distribute many of their own products, including their own brand, contracts with any of the major stores, i.e. Publix, Winn-Dixie, Albertsons, Wal-Mart, Walgreens could significantly increase revenues.

Bank Financing possible to qualified Buyer, with 20-30% Down Payment

General Information

Reason Selling: Sellers moving out of country

Number of Employees: 12
Year Established: 1991