Houston area profitable food wholesale company low price transfer

, Texas 7 views 0 favorites

Financial Highlights
Asking Price
$880,000
Revenue
$500,000
Business Description

Business transfer: Houston has been profitable for many years in the food wholesale business To Food wholesale business with a strong supply chain network To Location: Houston Zipcode: 77008 Asking price: US$8,00,000 The food wholesale business provides customers in the Houston area with high-quality vegetables, fruits and specialty dried foods. The customers are mainly restaurants of various styles; some are other food wholesalers, supermarkets, or grocery stores; the goods are sourced from places such as California and Mexico. To The company has a reputation for its sourcing and distribution expertise. It has been able to purchase specific foods requested by restaurants and grocery stores and distribute them to customers through its supply chain network. It currently has approximately 400 restaurants with stable customers. To The financial data is the average of 2019 and 2020 performance, but remember that 2020 is an unusual year-the catering industry has been hit hard by the Covid-19 pandemic. The same is true for 2020 financial performance. Revenue in 2019 is approximately US$10.7 million, and EBITDA in 2019 is approximately US$1.7 million. After Covid-19, this business has great potential for rapid recovery and continued success, and all accounts are well documented. To It currently has 15 employees and seven large delivery trucks of different sizes. To Sales points: For recurring income, restaurants are basically monthly accounts. On average, each restaurant has a monthly turnover of 10,000 yuan. To Established a customer base. To Establish brand and reputation. To Establish a supply chain network. To If you are buying in good faith, we will explain more details and a confidentiality agreement is required. To Warehouse: 38,400 square feet. Monthly rent: USD 30,000. The lease expiry date is 11/30/2026. To Competition: Some other similar platforms in the country, but this one has established a customer base and supply chain network. To Growth and expansion: Buyers can expand their customer base through online and offline marketing; also expand to other geographic regions; or implement aggregation strategies to obtain business from different locations. To Financing: applicable. To Support and training: 10 weeks, 4 hours per week. To Reason for sale: other commercial interests. If you really interested, please text to 5 one 2 - 3 zero 0 - 7 five 7 one Location: Houston, Texas Year Established: 1998 Number of Employees: 15 Real Estate: Leased Building Sq. Ft.: 39,800 Rent: $30,000.00 Per Month Lease Expiration: 10/1/2026 Facilities: Including all delivery trucks, inventory, and equipment in the warehouse Market Outlook/ Competition: Very good Growth & Expansion: Develop new businesses and add more product lines

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 days ago

Views: 7

Favorites: 0