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NDA’s are always required to secure due diligence packages for our engagements. Clients always need it, and they need it now! No vacations…. Seller will effect a smooth transition to all accounts after closing. Support & Training: 8 weeks, 20 hours per week commitment by Seller. Seller is too busy in the trees and can’t see the forest.įinancing: $600k Down, $6,057.67 / Month for 60 Months at 5.0%! No outbound marketing of any kind for the past decade.
Mtasa hw portable#
Portable within OC, LA, IE.Ĭompetition: Pretty strong, but the business was started by the Seller’s father and all but 5-10 accounts are over 5 years old. First is refrigerated warehouse space that is on a month to month lease (easily terminated prior to close). Additional Featuresįurniture, Fixtures, & Equipment (FF&E): Included in asking priceįacilities: Run out of 2 offices. NDA is required to review preliminary financials and first round due diligence package & to schedule a conference call with the Seller if requested. 75% of total sales would be categorized as produce, 25% would be Etc.category, comprising of dairy, grocery, value add, all kinds of tasty treats. Approximately 75 accounts, all of them save 5-10 are seasoned for over 5 years.Īverages 20% gross margin across the board on all sales, for Gross Profit of $700,000+ per year.
He puts in many hours in this labor of love, but the time has come to pass this on to another larger enterprise, as this represents an ideal strategic acquisition for an established player in the industry. Seller desires a more low-key business venture that is not so immediately focused on daily orders, maintaining exceptional customer service, and the early hours. This legacy business was started by the Seller's father in 1980, and as much as it pains him to admit it, the grind of taking care of customers has finally taken its toll.
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