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
Business Listed By:
- Shailendra Gupta
- Phone: (510) 703-7833
- Email: [email protected]
- License:DRE 02169356