Distributor Expanding in Southern California, Florida
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Asking Price
$39,500,000
Detailed Information
Orange County, California - South, US
Not Provided
NA
Business Description
This business specializes in distribution and logistics, with a focus on serving smaller wholesalers, multi-location owners, and conducting limited direct-to-consumer sales for research and development purposes. With annual sales of $30 million, the company provides services such as wholesale distribution, coordinating manufacturing, packaged development with fulfillment, and managing logistics through third-party freight partners. Recently, the owner made significant investments in expanding operations, including moving to a larger distribution center in Southern California and opening a new facility in Florida in 2023. The team consists of key roles including a CFO, General Manager, VP of Sales, Retail Lead, Manufacturing Leads, Warehouse Lead, Sales Reps, Packagers, and Outside Sales Reps. They do not have an in-house driver team, instead opting to outsource this service. The business is currently seeking a Strategic Buyer or Equity Group to support further growth, with the owner willing to stay on for several years and offering a 30% carry or equity roll combo to demonstrate commitment to the