MergerPlace

Fast-Growing Grocery Delivering Business

Michigan


  • Asking Price: $450,000
  • Gross Income: $911,586
  • Cash Flow: $118,578
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201837
  • Established: 2011
  • Employees: 8

Business Description

This fast-growing Company provides a subscription-based grocery delivery service.
The Company specializes in a niche market providing a variety of goods ranging from vegetables to meats to bread.
The business operates out of a leased 3,700 sq. ft. facility located in West Michigan.
The founder and owner has enjoyed growing the Company, but has other opportunities to pursue and is seeking to transition out of the Company. He is looking forward to finding a new owner to continue the success of the Company and is willing to assist a new owner through a reasonable transition period.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: Michigan

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $450,000
Gross Revenue: $911,586
Cash Flow: $118,578
Seller Financing Available: No

Property Information

Facilities:

Leased 3700 sq ft building with warehouse and office space

Growth & expansion opportunities:

The Company also has many opportunities to continue growing quickly through: 1) Expansion of Delivery Zones; 2) Development of Meal Solutions; and 3) Distribution Optimization.

Competition:

The Company has several investment highglights including 1) Unique Product Offering: The Company provides a wide variety of products in a convenient matter that is unmatched by competitors. 2) Ability to Showcase Local Farms: The Company has a base of West Michigan farms that provide food for delivery. These suppliers do not treat food with pesticides, antibiotics, hormones, or by using genetically-modified organisms (GMOs). 3)Proven, Consistent, and Profitable Delivery Service: The Company has been providing customers with reliable delivery service at reasonable prices while maintaining profitability. 4) Strategic Partnerships: The Company has established partnerships with well-known businesses located in Michigan. These partnerships allow the Company to reach many more customers and expand brand presence.

Reason for selling:

The founder and owner has other opportunities to pursue.

Support & Training:

The seller is looking forward to finding a new owner to continue the success of the Company and is willing to assist a new owner through a reasonable transition period.

Contact Business Seller

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Business Listed By:

Matt Baas

Calder Capital, LLC