$1,295,000

NYC Meat Distributor 6M Sales Established 40 Years

New York/New York City
Financials
  • Price: $1,295,000
  • Gross Income: $0
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #16614
  • Year Established: 0
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

$6 Million in sales - Consistent Long-term Customer Base - Reliable Staff - Strong Profits - Opportunity for Growth Lender Financing Pre-Qualified!! Only $149,500 down with Lender & Seller Financing for a qualified buyer! Established 1983, large recurring revenue. Wholesale meat distribution purveyor specializing in all types of meats and serving the New York City restaurant industry. Most customers are located in Manhattan, Brooklyn, Queens, Staten Island and Long Island. Maintains a wide variety of customers (40-50) to make up a diverse portfolio serviced through the use of five (5) company owned trucks. Customer concentration is not a factor with the top 3 customers only accounting for about 7% of total sales. The business has been in existence since 1983 and has a well-established, exceptional reputation and customer list. You'll notice in the financials that the business, like all NYC food service businesses had a sharp decline in revenue in 2020. This was 100% COVID related as a result of drastic shutdowns in NYC, especially in the restaurant industry which directly impacted this business' ability to sell meat products. Business has fully recovered from pandemic related reduction and is growing past 2019 levels.

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Business Listed By

Murphy Business Sales Contact Russell Miller 220 Saint Paul Street, New Jersey, Westfield