Located in the Northeast, this distinguished wholesale distributor has been serving the food industry with a diverse portfolio of fresh and frozen beef, pork, poultry, frozen fish, fresh produce, canned and frozen vegetables, oils, cheese and dairy products, condiments, and various food-related products.
With a solid reputation established since 1929, the company is USDA approved and has carved out a strong presence in the ethnic restaurant market, catering to Asian, Hispanic, Brazilian, and other cultural dining establishments.
Serving a broad spectrum of independently owned American and ethnic restaurants, the company processes approximately 22,000 pounds of meat weekly.
The facility, currently under lease, is available for acquisition, offering an excellent opportunity for expansion.
Interested buyers are required to sign a confidentiality agreement and provide proof of financial qualifications.
Price not disclosed
| Gross Revenue | Cash Flow | EBITDA | Inventory | FF&E included in asking price | Real Estate not included in asking price |
| $33,500,000 | $2,580,000 | $2,580,000 | Not disclosed | Not disclosed | $2,770,000 |
About the business
| Location: | Connecticut |
| Year Established: | 1929 |
| Number of employees: | 35 |
| Number of clients: | Approximately 400 clients. |
| Real Estate: | Owned |
| Facilities: | Facility with 20,000sf of warehouse, processing, and office space. |
| Growth & Expansion: | Increase geographic coverage by adding saleperson. Increase the Company’s internet and social media visibility |
About the sale
| Reason for selling: | Retirement. |
| Training / Support: | Leadership team will be available for a transition period. |
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