Under LOI

Specialty Food Importer and Distributor with Real Estate

Business Category: Business Real Estate, For Sale, Grocery, Non-durable Goods, Other Food Stores, Retailing Businesses, Supermarkets, Wholesale & Distribution Businesses
Location: Illinois

Listing Price:

$575,000


Revenue: $389,512

Real Estate Available: 6,250 sq ft industrial building included with the asking price.
Reason For Sale:
Number of Employees: 1

For nearly 30 years, the Company has thrived as a specialty food importer and distributor with items from Europe.

The Company imports a variety of non-perishable specialty foods, which it distributes mainly to grocery stores, commissaries, and restaurants. The Company is the exclusive importer and distributor of their flagship product for the entire United States.

Through its dedication to hard work and highly sought-after products, the Company has developed a loyal base of customers in the competitive specialty food market.

The Company services its customers from a conveniently-located office/warehouse building located in suburban Illinois. The building is available for purchase or lease to the buyer of the business.

Since its beginning, the Company has developed strong relationships with their suppliers and customers. In 2021, the Company generated $389,512 in sales with the owner working less than 20 hours per week. The Company operates in a great niche market distributorship, with many businesses seeking out these high-quality specialty food items.

Opportunities for Growth

(1) Financially successful with minimal staff
(2) Convenient facility location
(3) COVID impact on supply chain; revenue bouncing back and demand is increasing

Investment Highlights

(1) Loyal customer base
(2) Exclusivity of star product throughout the United States
(3) High demand

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