Asking Price: $1,500,000

Gross Revenue: $9,000,000

Cash Flow: $550,000

Inventory: $950,000 (Not Included in Asking Price)

FF&E: $250,000 (Included in Asking Price)

Seller Financing: Financing is available for a qualified purchaser.

A lucrative New York Based Wholesale Food Distribution Business delivering general food products within the five New York Boroughs. The products are a wide array of foods and beverages consistent with the New York Metropolitan area, with a large quantity of its inventory deriving from Latin American products. The business delivers only 20% of its products from its 11,500 square foot warehouse and the remaining percentage representing customer pickup. The business has existed for the past twelve years with a consistent yearly income and a steady cash flow. The business boasts a client base of approximately 300 plus customers. The business has an exceptional volume of $9,000,000 annually and the seller will evidence a net income of $550,000. The present owner is relocating and will provide a training period for a qualified buyer. This is a wonderful opportunity to enter a solid industry in a key area with a high demand for food and beverage products. Please call for further information.

Year Established: 1996

Employees: 15 full time -

Facilities: Business facility consists of 11,500 square feet, which includes loading docks and private offices. The sale also includes two trucks and all equipment in the facility. The business has an existing eight year lease with additional options for continuation. The location has ample private parking available.

Market Outlook and Competition: Limited competitors exist in this industry and in this particular area. The present business does not have a marketing plan or sales staff. By implementing an updated advertising program, the business can be further developed.

Management Training and Support: Seller will provide a complete observation period for a qualified purchaser.

Reason For Selling: Relocating to Florida