Status: New
High Volume Produce Distributor w/ Real Estate - Listing #: 56003
Category | : | Wholesale | SIC | : | 5141 | |
Detail | : | Wholesale Produce | Price | : | 8,750,000 | |
County | : | Undisclosed | Down | : | 8,750,000 | |
State/Prov | : | Florida | Disc Earn | : | 1,325,570 | |
Country | : | USA | Sales | : | 14,624,961 |
$4,000,000 For Business + $4,750,000 For Property = $8,750,000 Asking Price This is an opportunity to own one of the biggest produce distributors in the state along with the property. This business has grown into a thriving operation, employing over a dozen dedicated individuals and consistently generating annual sales exceeding $14+ million. With an unwavering focus on quality, dependability, and professional service, they’ve built a rock-solid reputation that stands as tall as a Florida palm. Business comes with a Market location (leased) and Warehouse Location (owned, for sale). The business deals with over 600 varieties of produce from farms from the US and Central America as well as offers cooling and packing to it's clients. Warehouse property was originally built for packing, cold storage and shipping before purchase in 2018, allowing this distributor a leg up on the competition. With recently replaced cooling units in 2022 ($1,000,0000), renovated spaces within the warehouse and flooring, this business is primed for the next owner. 2 managers in place who are capable of operating the business, business has opportunity for Semi-Absentee ownership if desired. Seller still works and pays themselves handsomely! |
Reason for Sale | : | Retire |
General Location | : | N. Tampa/Central FL Area |
Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
: | Years Established: 23 Years Owned: 23 Emp FT: 15 Emp PT: 2 Mgrs: 2 | |
Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: $0 |
Operating dys/hrs | : | M-Sun 4am-12pm |
Skills/Licenses | : | None |
Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | Annualized | |||
Year (Cash Flow) | 2024 (N) | (N) | (N) | |
Gross Revenue | 14,624,961 | 0 | 0 | |
Cost of Goods | 11,364,716 | 0 | 0 | |
Gross Profit | 3,260,245 | 0 | 0 | |
Expenses | 2,871,321 | 0 | 0 | |
Net | 388,924 | 0 | 0 | |
Owner Salary | 410,000 | 0 | 0 | |
Benefits | 410,370 | 0 | 0 | |
Interest Expense | 116,276 | 0 | 0 | |
Depreciation | 0 | 0 | 0 | |
Other | 0 | 0 | 0 | |
Discretionary Earnings | 1,325,570 | 0 | 0 |
Accounts Rec | 300,000 | Y* | Real Estate | 4,750,000 | Y* |
Inventory | 200,000 | Y* | ___________ | 0 | N* |
F F & E | 2,965,000 | Y* | Total Assets | 6,750,000 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: 0 | Square Footage: 27,000 | Building Type: Warehouse |
Terms & Options: Warehouse for Sale | Expiration Date: |
JASON BROOKS | Office | : | (855) 969-3534 | |
ASSOCIATE | Fax | : | ||
Home | : | |||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 357-7073 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |