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Established Franchises - Business for Sale Details

 

ASIAN FOOD WHOLESALE DISTRIBUTOR

Seller: Attn: Eric Ng
Location: San Francisco Bay Area, CA, USA
Listing Number: "N60-EN"


Asking Price: $150,000 USD USA Dollars
Industry: Wholesale/Distribution: Non-Durable
Reason for Selling: Retirement
Year Established: 1979
Number of Employees: 11
Yearly Revenue: $3,845,068

Overview of the Business:

This 30-year-old company buys from manufacturers and delivers to its restaurant customers. Products include, but are not limited to: frozen meats, vegetables, fruits, produce, grains, spices, beverages, paper products (e.g. take-out boxes), plastic utensils, etc. The company’s 5 trucks make weekly deliveries to (mostly Asian) restaurants throughout the San Francisco Bay Area. Although the company took a big hit from the recession in 2008 and first-half 2009, with a number of its customers closing down, the business has now been stabilized and will be profitable again in 2009. Profitability can be improved immediately by trimming the work force to reflect reduced sales. Cantonese language skills would be advantageous for a buyer. The Real Estate is available for purchase for an additional $1.495MM. Buyer is required to either buyer the real estate or rent from the seller.


Property Features and Assets:

10,000 square feet building; available for lease or purchase.


Additional Details:


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