Two Business Opportunities: ——
The entire company—importing, wholesale, retail, proprietary products, retail customers; or, just the Bay Area office coffee service (“OCS”).——
The business is engaged in the importation from Europe of highly-sophisticated, “state-of-the-art,” fully-automated, computerized gourmet beverage bars offering a wide range of product, from simple coffee, to the most complex espresso, cappuccino, latte, chai, and tea, to cold juices. The importation contract is exclusive, and the customers range from other office coffee services to retail customers to bulk wholesale re-sellers, nationwide.——
In addition to the equipment, the company packages and retails exclusive, proprietary, private-labeled products—coffee, teas, condiments, supplies, etc.—that it wholesales as well, nationwide.——
The company also operates a complete Office Coffee Service (“OCS”) business that provides superior service throughout the San Francisco Bay Area. Current and potential customers include business and professional offices, residential living facilities, retirement centers, restaurants, concessions, catering events, medical facilities, day spas and salons, waiting rooms and reception areas, vending outlets, convenience stores, and more. Convenient rental and leasing programs are in place to facilitate equipment sales and recurring monthly revenue.——
The company delivers ingredients and service products to its scores of diversified customers on both a regularly-scheduled and as-needed basis. This is not a “route business”—the company has found that delivery via UPS and FedEx is far more efficient and cost effective. Products include the typical generic ingredients and their own privately-branded specialty items.
This business opportunity offers a diverse and extensive long-term customer base, solid repeat sales, an excellent reputation and service record, and sizeable gross and net profits.——
The business currently operates from an office-warehouse facility in the East Bay.——
All (or the just the OCS part) of this business is ideal for the sole proprietor entrepreneur looking for a turn-key, semi-absentee-owned venture. It is also a perfect match for the existing company in this market sector interested in a roll-up acquisition, taking advantage of the economies of scale for even better performance than experienced by the business to date.——
The company recognizes that it has developed an operational system, a marketing plan, and a product offering that can be scaled very effectively and very profitably, with a nationwide market potential, through aggressive marketing and service activity in key metropolitan areas throughout the country.——
Gross sales of the Bay Area OCS business were $303,240 in 2015.——
Gross sales for the entire business were $745,248 in 2015.——
Net cash flow for an owner-operator (“SDE”—seller’s discretionary earnings) was ~$119,000 in 2015.——
The current owner (& founder) will be very open to negotiating an extensive period for training and transition. Furthermore, he would be very open to staying on long-term in a management/operational position, even to the extent of allowing the purchaser to operate the business on a mostly absentee basis.
The Transaction: The asking price for the business is $795,000. This is for the entire business—importing, wholesale, retail, proprietary products, retail customers, and including all related assets and equipment, supply contracts and relationships, customer contracts, database, intellectual property. It does not include cash, accounts payable, or accounts receivable. Inventory is extra at actual cost. (The SF Bay area OCS business by itself is offered at $395,000).——
For a serious buyer with a cash offer, the seller will be open to reasonable negotiation of the asking price in return for an expedited transaction and/or a long-term employment relationship. Some seller financing may be available to a qualified buyer with sufficient collateral.——
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.——
This is a listing.
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