This well-known food services enterprise provides top quality meat wholesale distribution to shopping and eating establishments in the NJ/NY tri-state region. The company has experienced stable growth since 2010 and the firm enjoys significant operating margins with documented profitability. The seller’s 50,000 SF facilities are located in a convenient strategic location with very attractive/flexible lease terms or outright purchase available.

This non-union shop enjoys a competitive advantage by providing historically dependable services to a stable customer base of companies, some of which have been with the company since inception. In addition, the firm could easily expand its service reach – providing natural sales growth opportunities moving forward.

The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 4.8x SDCF (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is $875k in A/P to be assumed, but that is more than offset by $1.9M in inventory/equipment and in current A/R. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $650k+ benefit in after-acquisition-debt cash flow in Year #1.

A comfortable six months transition period will be provided by an owner who truly wants to continue to see his business flourish. Seller will consider an extended consulting agreement. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.


Posted Sep 30, 2016

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