Wholesale Distributor & Importer -Specialty Cheese & Ingredients

Price: $260,000

Location: Middlesex County, NJ

Industry: Wholesale and Distributors

Listing ID: P022224

This business is a highly regarded importer and wholesale distributor of specialty cheeses and ingredients. The company is run by people with passion for regional cuisines and for sourcing specialty cheeses. This is a home office-based business using convenient and cost-effective warehouse services in Middlesex County, NJ for maintaining inventories, packaging and shipping products, and regional distribution. It has a strong customer base and is highly expandable.

They offer specialty cheese and related products that are region specific with organically produced ingredients from the EU and the US, many having origin protected status. Most of the producers that they source work under organic agriculture rules in the EU and US. The company is a certified organic handler.

• Asking Price: $260,000
• Annual Cash Flow: $84,000
• Gross Revenue: $770,000
• Inventory: $80,000 est.
• FF&E: $10,000
• Employees: 2 f/t, 1 leased
• Monthly Rent: $920 (warehouse cold and dry space)
• Hours of Operation: Mon to Fri

The seller is seeking retirement and will provide training and support during a transition. The business has low overhead and is relocatable. It is an excellent stand-alone wholesale and online retail business to run and grow or could be a synergistic addition to an existing wholesaler’s product line as well as a profitable vertical acquisition for a retail shop owner.

Gross Revenue: $770,000

Cash Flow: $84,000

FFE: $10,000

Inventory: $80,000

Reason for Sale:

Retirement

Training & Support:

Seller will provide training and support as needed

Year Established: 2003

Days & Hours of Operation: Mon to Fri

Owner Hours Per Week: 35-40

Employees: 2

Monthly Rent: 920

Type of Location: home office with warehouse space for managing inventory and distribution/shipping

Relocatable: Yes

Facilities Information:

managed warehouse location comes fully equipped with cold and dry storage, work space.

Competition:

The is plenty of existing competition but market is widespread with strong growth opportunities. This company differentiates itself by sourcing exclusive versions of the specialty cheeses they sell and by offering a high level of expertise.

Potential Growth:

Plenty of wholesale distribution growth possible with good marketing efforts. Opportunity for retail expansion online.