1288 Wholesale Food Distributor in Northern Illinois

  • Engagement Number : 1288
  • Title: 1288 Wholesale Food Distributor
  • Location: Northern Illinois
  • Asking Price: $1,000,000
  • Gross Sales: $6,850,000
  • SDE : $300,000
  • Real Estate: $400,000
  • Industry : Distribution

Wholesale food distributor for sale. This four-decade old, family owned, full line ingredient and packaging food distributor is an excellent acquisition opportunity. Located in Northern, IL the company has a niche in providing a wide variety of ingredients throughout the bakery industry. The business has a deep customer base of over 200+ customers with a very low customer concentration.

The current owner has run and operated the business for several years and is now looking to retire. The business has a low owner dependency and an incredible brand that is known for customer service and reliability. While the business is successful, the owner admits there are areas the business could focus more attention on to grow and expand the operations. The blueprint is here with a solid foundation for a new owner to bring the business to the next level.

Inventory and Real Estate are not included in the asking price, but are available for an additional cost. Real estate= $400,000 and Inventory= Approximately $350,000.

There are currently 11 employees that will transfer with the sale of the business.

• In business for over 45+ years!
• REPEAT BUSINESS!!! The business has a streamlined, profitable operation model.
• Wide variety of brand mix (Low vendor concentration)
• Seller is willing to stay for a transition period.
• Seasoned Staff – Low Owner Dependency
• Seasoned staff already in place
• Blueprint in place to grow and expand operations.
• Solid business foundation – turnkey opportunity for a new owner.

Contact your Lakes Business Group, Inc. representative for further information.

Financial Summary

Cost of Goods Sold
Gross Margin
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Net Profit (tax return)
Owners Benefits (Add Backs)
Discretionary Earnings