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Specialty Beverage & Equipment Distribution Company

United States
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Businesses For Sale | Food Distributors For Sale

Listing ID : 1065655

Listed On June 21, 2024 View Count 11

Listing Updated June 21, 2024

Broker Listing ID:
5598
Price :
$999,000
Business Financials & Assets :
Gross Revenue:
$1,821,187
Cash Flow:
$288,524
Year Established:
1993
Inventory Included:
Yes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Outstanding Liabilities & Debts:
No
Property Details :
Business Details :
Number of Employees:
6
Absentee Owner:
Yes
Business Can Be Moved:
Yes
Real Estate:
Leased
Growth and Expansion Opportunities:
The coffee industry, particularly the specialty coffee segment, is expected to continue its upward trajectory. Revenue in the coffee market is projected to reach USD 10.47 billion in 2024, with an annual growth rate (CAGR 2024-2029) of 10.63%, leading to a projected market volume of USD 17.35 billion by 2029. The specialty coffee market, estimated at USD 21.92 billion in 2022, is anticipated to grow at a CAGR of 11.3% from 2023 to 2030. This growth is driven by changing consumer preferences, a focus on sustainability, and the influence of millennials who have a strong affinity for coffee consumption. Trends such as the increasing number of coffee shops, Ready-To-Drink (RTD) specialty coffee, and cold brew & nitro coffee are fueling this growth. This business presents a lucrative opportunity for a motivated new owner seeking to capitalize on its established brand, loyal customer base, and growth potential. In the beverage distribution space, the brand's offerings differentiate it from other options and competing distributors. With its solid foundation, loyal customer base, and strategic growth initiatives, the company presents an exceptional opportunity for ambitious entrepreneurs to thrive in this market of 2024 and beyond.
Terms :
NDA Required:
Yes
Support & Training Offered:
Included
Reason for Selling:
Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Initially starting as a coffee distributor in 1993, the acquisition opportunity quickly became known for its commitment to quality and customer service.  Over the years, the Company expanded its product range to include a proprietary tea label and the product lineup now features espresso machines, coffee and tea brewers, syrups, alternative milks, smoothie powders, chai products, and various accessories like cups and lids. Known for its reliability and product knowledge, the company has built a loyal customer base, making it the go-to supplier for specialty coffee and tea products in the region. As a specialty business, this Business occupies a niche market but is capable of selling to any entity interested in offering quality coffee and/or tea products. Their customer base includes cafés, hotels, restaurants, offices, churches, and coffee shops.  A significant portion of the Company’s clients are repeat customers who order on a weekly, bi-weekly, or monthly basis. Recent market trends present significant growth opportunities for the Company. The coffee industry, particularly the specialty coffee segment, is expected to continue its upward trajectory. Revenue in the coffee market is projected to reach USD 10.47 billion in 2024, with an annual growth rate (CAGR 2024-2029) of 10.63%, leading to a projected market volume of USD 17.35 billion by 2029. The specialty coffee market, estimated at USD 21.92 billion in 2022, is anticipated to grow at a CAGR of 11.3% from 2023 to 2030. This growth is driven by changing consumer preferences, a focus on sustainability, and the influence of millennials who have a strong affinity for coffee consumption. Trends such as the increasing number of coffee shops, Ready-To-Drink (RTD) specialty coffee, and cold brew & nitro coffee are fueling this growth.  Through over 31 years of hard work and dedication, the current owner of Silver Service has strategically positioned the Company for future success and growth and this acquisition opportunity presents a solid prospect within the beverage distribution industry, offering a company with a proven track record, a premium product line, and strategic positioning within the market. The inherent growth potential, coupled with the perpetual demand for coffee, positions this opportunity as an attractive proposition for the right investor.

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