Please ensure Javascript is enabled for purposes of website accessibility Major Chicagoland Food Gift Business Set for New Owner to Prosper | Transworld Business Advisors Naperville UA-80154049-1

Major Chicagoland Food Gift Business Set for New Owner to Prosper

Listing Number: 3233-588655

Description

A well-known and very well established Chicagoland food gift distributor has laid a strong foundation for its new owners to continue to prosper.

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.

Listing Details

  • Price: $ 3,500,000
  • Down Payment: $3,000,000
  • Sellers Discretionary Earnings: $ 826,591
  • Total Sales: $ 3,786,830
  • Location: Illinois

  • Inventory: $ 16,700
  • FF&E: $ 81,111
  • Employees: 68
  • Year Established: 1983
  • Reason for Selling: Pursuing other interests.
  • Category: Food Business Retail
Major Chicagoland Food Gift Business Set for New Owner to Prosper

Business Listed By:

Steven Eschbach
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