Business For Sale; 51 -- Wholesale Trade-Non-Durable Goods; RAPIDLY GROWING PRODUCE DISTRIBUTOR.The March Group currently represents a well-established and profitable importer and wholesale distributor of a variety of fresh fruits and vegetables to clients throughout the U.S. Between 2005 and 2008, revenue has grown by a factor of 4.6 to $27.6 MM, accompanied by equally impressive operating profits that increased by a factor of 3.5 to over $3 MM. Revenue in base year 2009 is estimated at $32 MM, and operating profits are estimated to exceed $3.2 MM. Diversified client base of retail customers (52%), food service customers (38%), and food wholesalers/brokers (9%) located across the U.S. includes such nationally trusted names as Wal-Mart and HEB HEB Hebrew HEB Hurst-Euless-Bedford (Texas) HEB Hot Electron Bolometer HEB Hindu Endowments Board (Singapore) HEB Here Everything's Better HEB High-Energy Beam HEB High Energy Biscuit Grocery. Historically, the Company specialized in a variety of onions, sold by the bag or by the carton. In the past few years, the Company has mounted a serious effort to expand product lines, enabling dramatic growth opportunities; offerings now include watermelons, limes limes plural limites (Latin; “path”) In ancient Rome, a strip of open land along which troops advanced into unfriendly territory. It came to mean a Roman military road, fortified with watchtowers and forts. , carrots, mangos, cabbages, and strawberries. Strategically located for convenient access to grower base. The Company represents tremendous avenues for growth, including an entry into the ever-more-popular organic foods market and expansion of individually quick frozen ("IQF IQF Individually Quick Frozen (food processing) IQF International Quilt Festival IQF Intrinsic Quality Factor (EIA-440/A) IQF Interactive Query Facility IQF Integra Query File ") product offerings, can be pursued with the addition of an investor. The principal member and tenured sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , combined are the driving force behind the remarkable gains in recent years and would like to stay on with the Company. Gross Annual Sales: $27,616,000 Region: Southwest (AZ NM OK TX) Listing #:50822 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact pertaining to the principal or intermediary representing the business for sale.] |
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