Food Distributor
This is an Italian food broker business. The Seller is ready to pass the baton to a new owner. The Company was founded in 1987 importing olive oils, balsamic vinegar, pasta and tomatoes to supply chain restaurants through the foodservice trade. After years of tremendous growth in this market they quickly filled the void in the industrial trade as well, developing relationships with a who's who of national food manufacturers, including Fortune 500 companies.
Fast forward to today, the Company now brings in millions of lbs. of ingredients on a yearly basis and continue to supply foodservice clientele and the industrial food manufacturing segment with ingredients that the respected customers prefer. Emphasis on a quality assurance program allows them to gain and maintain a premier customer base. In-house laboratories provide the most up-to-date testing on products and spearheads GMP and HACCP programs. Lot tracking systems allow them to track every jug, drum or container from initial import to consumption. The Company's 4 processing facilities maintain ISO & SQF certifications, and with the latest in packaging technology and state-of-the-art plant operations, they are able to efficiently and competitively process and package products.
The Company maintains a presence domestically and around the world for trading and procuring olive oil, balsamic vinegar, pasta and tomato ingredients.
The diversity and global availability of the product lines ensure that you can receive everything you need fast from one reliable, professional source. From tanker ships to rail cars to the trucking industry, This Company procures and delivers goods direct to foodservice distributors and industrial food mfgs. in a timely and cost-effective manner.
Financials (USD)
Asking Price $720,000
Cash Flow $311,415
Sales $3,505,839
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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