Listing Number: 3953-786517
A well-known and well established Midwest food gift distributor has laid a strong foundation for its new owners to continue its current growth.
The owners have designed a turnkey operation that includes manufacturing, distribution and attractive gift baskets for all to enjoy.
Key Investment Highlights:
* Company has delivered top line revenue and bottom line profitability since introducing its new expanding distribution model in 2019; 2021 projected revenues and seller's discretionary earnings are expected to more than double that two years ago.
* Food gift items include baked goods and fruit; since introducing its fruit line two years ago that has now grown to over 50% of its revenue stream.
* Items can be purchased at any one of its 4 Chicagoland stores or same day local delivery to the front door.
* Seamless process in place with call center that integrates impeccable delivery service (15 drivers) to its 6 county delivery area.
* Flowers - both in store and delivery - to be added to its gift items in the very near future.
- Price: $ 3,500,000
- Down Payment: $3,000,000
- Sellers Discretionary Earnings: $ 826,591
- Total Sales: $ 3,786,830
- Inventory: $ 16,700
- FF&E: $ 81,111
- Employees: 68
- Year Established: 1983
- Reason for Selling: Pursuing other interests.
- Category: Distribution