Business Overview
About the Company
The Company is well-established for more than 30 years as a wholesale distributor of frozen food and desert products (about 95% of sales) and manufacture (5% of sales) operating in 43,000 Square foot temperature-controlled facility with blast freezers on a lot size of 76,000 square foot with plenty of parking for its delivery trucks (optional is building for sale too). Serving a diverse customer base of 70 wholesalers representing 60% of its revenue and 2500 retailers representing 40% of its revenue. They are one of the top 3 wholesale distributors within its product lines in Southern California . Owners will stay with the new buyers to ensure a smooth transition after the close of the transaction for a period of time to be agreed between them. Optional is the building for sale too or lease it.Owner is retiring .
Please inquire by email from this website.
2023 even better than 2022 , numbers are coming
2022 Gross $46,484,760 EBITDA $2,704,690
2021 Gross $36,139,754 EBITDA $2,011,978
2020 Gross $31,924,484 EBITDA $2,681,264
Number of employees: 90 professionals (average tenure over 10years)
Geography: Southern California (top 3 distributor in the market)
Capacity: 43K sq ft facility on 76K sq ft lot (fully owned by owners)
•22K sq ft +/-of -15°(or colder) qualified frozen cold storage
•1,800 pallet fully stacked rack capacity w/ four big trailer docking stations
•Currently operating at less than 60% capacity (opportunity for growth)
•Core Competency: Direct Store Delivery (DSD) to wholesalers & retailers
•Delivery within 24 to 48 hours (covering 56K sq miles)
•Timing of delivery around customer hours of operations
Annual Rent: $630,000
Balance Sheet as of December 31st 2022
Current Assets: $6,889,680 includes $3,500,000 of salable inventory & $1,000,000 in accounts receivables
Current Liability: $1,107,718
Long Term Liability: $45,000
Total Assets: $7,853,151
Total Equity: $6,789,971
Please inquire by email from this website.
