BUSINESS DESCRIPTION
This French food importing and distribution company represents an unusual opportunity. Founded in 1997, the company is one of the few importers of French food located on the West Coast. The Los Angeles based importer and distributor has one of the most extensive lines of French foods in the United States.The business, through its excellent overseas vendors offers some of the most competitive prices in the industry, with same day shipping when it is required. Approximately 70 percent of its sales are to the food service industry and the balance to retail trade (30%; of sales). Sales are to customers throughout the Western United States including Hawaii, Texas and Colorado. This company has great potential because the new owner will have the possibility to increase sales by adding a sale force. The Owner is retiring and asking price includes over 24;400,000 in salable inventory. In addition, the current owner is willing to give training for up to six months and the key employees are willing to stay as fulltime employees after sale. This represents an excellent opportunity for someone who wants get started in the importing / distributing business.For further information on this listing, please contact Olivier Monfort at (310) 539-8300.