Food Distribution Company
Location Canary Islands
Asking Price Range < $250K
Gross Revenues $700000
Net Profit / Cash Flow $700000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 4 - 5
Inventory 100000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Included.
Reason for Sale Old age.
Description Are you sick and tired of the UK and want to start a new life with a cash-generating business in the sunshine?
Established for over eight years, the company has been growing every year, with ƒ,ª700,000 turnover last year and is fully legal and in accordance with Spanish laws regarding food distribution. Client-base consist of restaurants/shops based in Tenerife 96% cash, 4% account, Net profit 45-50%. 3 vans which are compliant for the distribution of foodstuffs are included. Large Warehouse (14 x 35m) with two large walk-in refrigerators, rental two year renewable at ƒ,ª900/month. Fully computerised systems in place. 6 day week but gets very busy in August which allows a Sunday service. Total hands-on business that would suit family. Existing 2 drivers willing and able to stay-on - they have been with business for over four years. Also available is 300 year old character farmhouse in peaceful setting, 15 minute drive from the business.
Reason for selling - owner too old! If the thought of moving to the ''island of eternal spring'' and owning a cash-generating business from day one appeals, then get in touch today! ALL INCLUSIVE SALE PRICE ƒ,ª235,000 (approx. Aœ160,000). All paperwork, accounts, sales figures available for inspection to serious enquires only. Email or contact Marc Jarrett at 0871 474 812 for more information on this Food Distribution business for sale.
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