Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California
Price: $320,000
Down Payment: Call/Ask
Sales: $365,373
Cash Flow: $105,000
Inventory: $5,000
Inventory Included: Yes
FF&E: $25,000
Monthly Lease: $2,070
Financing: No
Year Established: 1988
# Employees: 3
Facility Size: 1440 sq. ft.
Training: 2 weeks
Reason for Sale: Other Interests
Contact business broker for more information regarding this well-established, niche spice wholesaler business for sale serving the Inland Empire area of Southern California. This well-established business was founded in 1988. The business has established a strong customer base and reputation for quality service. The company acquired several new and sizeable customers in the latter part of 2022. The company also successfully increased their prices in late 2022 to offset inflation costs that affected gross profitability in 2022. Therefore, the company is poised for strong and profitable growth going into 2023 and beyond. The company operates from a 1,440 sq. ft. space where they prepare packaging and shipping of goods. Company has three employees plus a seasonal temporary employee not including the working owners. Company is owned by two partners and the business is for sale because one of the partners is moving to Texas. The other partner is going to dedicate time to raising family. Both partners will sign non-compete. The Seller has already trained one of the employees to manage day-to-day operations and replace the existing partners. Therefore, this is a good opportunity for an owner operator or semi-absentee owner. Seller will assist with training and smooth transition to new owner. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this well-established, niche spice wholesale business for sale located in the Inland Empire area of Southern California.
BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.
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