European Food Products Distribution Company – Dr Says Must Sell!
For Sale in Tacoma, WA
Financial & Assets Details
About the Business
Current owner has been running this business for 9 years and is forced to sell due to medical issues. Owner has been focused on increasing margins through branding, with reduced volume as a side effect. They are making more money with less work!
Buy into an established business and save the sweat and pavement pounding of establishing accounts. Currently serving 80 accounts in the I-5 corridor of WA down to Portland, this European focused food distribution company offers bread, meats, sweets, drinks, fish, dairy, frozen products, grocery and pharmacy. The addition of their own brand of products has contributed to higher profit on less revenue. Seller would love to keep the company, but the Dr. says its time to sell due to health complications.
Message from the company:
We are the largest European food wholesaler in Washington state and Oregon. More than 8 years, our company makes the delivery of products to all the shops of Washington and Oregon.
Only the freshest products from Russia, Ukraine, Poland, Bulgaria, Latvia, Germany, Lithuania and other countries.
Growth & Expansion
-Continue marketing and expanding branded product sales
-Add new accounts, grow a sales team to accelerate growth
-Reduce warehouse employee wage cost
-Neighboring tenant just left the warehouse, 20,000 sq feet of expansion currently available
Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.
“There are significant competitive cost barriers to entry into this industry, where size does matter along with quantity and quality of product lines, adequate logistical distribution channels, good supplier pricing and terms, adequate facilities sizing and location. Solid, well diversified customer base mitigates risk and wards off competitive challenges.”
Valuation for this industry is 3-4X Seller Disc. Earnings
Support & Training
4 Weeks included
Reason for Selling:
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