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Business for Sale

Food Importer
Union County, NJ

Listing #22099

   
Financial Information (non-confidential)
Asking Price $950,000.00 Gross Revenues $1,566,825.00
Down Payment $850,000.00 Owner’s Cash Flow $269,072.40

Financing: $850,000.00 Down and 100,000 6% two years

Reason for Selling:Retire

High Profit Margins Sweeten the Deal on this Confection Import Business Food Importer with a Nationwide Reputation for Quality is on the Market This wholesaler of Italian confections has perfected a specialized niche of the imported epicurean food market over the last 3-plus decades by paying diligent attention to the quality of the products they carry. Through regular site visits to manufacturers in Italy, this family- run business has put together a carefully planned catalog of 75 of the most desirable cookie, confection and biscuit products available to distributors. Focusing exclusively on wholesale distribution, this company has clients stretching from coast to coast and maintains a national reputation as being the most selective and trustworthy confection importer in the United States. The catalog items are noteworthy not only for quality, but also for their extended shelf life and their favorable gross profit ratios. With operations that have grown steadily over a 34 year history, this importer is currently utilizing all 11,000 square feet in its warehouse, with zero to minimal waste. In a desire to retire from day to day management duties, the 72 year-old proprietor is open to contributing his valued expertise as a contract employee after a change of hands. With a valid but underused retail license, the potential for developing retail opportunities is endless.
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

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