#Business ID: 19902
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Business Location: New England, United States
| Asking Price: BUSINESS SOLD | Revenue: $ 5,065,000 | Cash Flow: $ 235,000 |
2001
Lease
Company operates from leased office and warehouse facilities in Tri-state. The facility is leased from a third party at the market rate, and can accommodate significantly higher revenues without major facility improvements or capital equipment expenditures.
Diversified customer base: No single customer accounts for a significant percentage of company sales. Strong receivables collection: The Company's average accounts receivable collection period is shorter than that of other companies in the industry, suggesting a more desirable customer base and efficient financial management.
Revenue base: Customers are primarily high-end restaurants, hotels, popular supermarkets, gourmet and specialty stores, as well as other resellers located throughout its geographic region.
18
Owners will remain through transition: The current owners are willing to remain with the new management in some capacity to ensure a smooth transfer of ownership.
Retirement
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