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Listing Number: 3964

Food Distribution Business for Sale in Somerset County, New Jersey

Business:Food Distribution Business for sale
County, State: Somerset County, New Jersey
Business Type: Durable Goods (products), Wholesale/Distribution

Summary Description

A major southern New Jersey wholesale food distributor. They have a huge diverse clientele, selling to restaurants, convenience stores, grocery stores and many other similar food outlets. They have a great following and very little competition in the area. They carry the most major brands and have very little waste on bad goods. The 20,000 square foot building is solid and in good standing. The owner has other interests and can not maintain his busy schedule, however is willing to train and do whatever is necessary to ensure that any new owner is successful.

About the Sale

Asking price: $2,000,000 (USD)

Financing:$1,200,000 down and $800,000 at 7 1/2 % over 69 months

Total Revenues: $7,000,000 (USD)

Cash Flow:$867,000 (USD)

Reason Selling:Other interest

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.