Leading Provider of School Meals in Northern California

Listing Number: 012722-576779

Description

Transworld Business Advisors of Fremont DRE# 02194963 presents:

Founded in 1994, this highly profitable business provides healthy and nutritious meals to charter, public and private school students in Northern California. Family owned and operated, the business enjoys a stellar reputation and brand awareness in the industry, serving over 30,000 meals per day!

The business has been on a strong upward curve, with revenue growing 50% in 2022 and another 30% in 2023. It has well-developed systems and processes in place to allow for future growth and expansion, especially to the lucrative Southern California market.

Other investment highlights include:
- strong customer base with low concentration
- long-term relationships with key suppliers
- great employees with experienced leaders in each department
- significantly better food quality and reputation than competitors
- industry leading app for online ordering by schools and parents
- recession proof industry with strong Govenment backing

The owners are retiring after 30 years in the business and will help the new owners with transition.

Agent: Shailendra Gupta DRE# 02169356

Listing Details

• Price: $ 0
• Down Payment: --
• Sellers Discretionary Earnings: $ 5,751,042
• Total Sales: $ 15,648,380
• Location: California


• Inventory: $ 1,000,000
• FF&E: $ 0
• Employees: 58
• Year Established: 1994
• Reason for Selling: Retirement
• Category: Food Business Retail