Businesses For Sale In North Carolina
Very Successful Mid Atlantic Transportation Company
Iredell County, NC
The Business: This very successful niche logistics company provides refrigerated trucking for fast food establishments, food distributors, and convenience stores in the Southeastern and Mid-Atlantic United States. They are an industry leader that the owner has been running for the past 23 years. There is a substantial upside to this business with organic growth from the existing customer base. They don’t do contracts, which allows them to charge a better price since the service is required in an expeditious manner. The company has a very profitable book of business with ample room to grow. The owner has built an efficient foundation (largely through word-of-mouth), without a website, social media profiles, or minimal marketing and advertising. It provides the opportunity to greatly expand the company through a cohesive marketing plan coupled with targeted advertising. With strong cash flow, year over year, this is a great opportunity for anyone looking to start or expand their experience in the transportation industry. Drivers: The company uses experienced drivers: drivers with no record of accidents. Authority recently passed a full DOT audit. The owner has a proven system to recruit drivers quickly which are 1099 employees. The Owner: The business is turn-key, allowing a new owner to step in and take over operations. The owner currently dispatches the trucks and manages all day-to-day operations and will stay on for 30 days to ensure a smooth transition. The owner is willing to negotiate a longer stay to help assist and may consider help in financing for the right buyer. The owner will be available to answer questions as they want to see the business grow, thrive, and succeed! The owner is ready to pass on his legacy to a new owner and work with them to make a successful transfer. The business has been approved for an SBA Loan.
Asking Price: $1,375,000
Gross Revenue: $1,466,000
Cash Flow: $587,000
Growing International Coffee Enterprise
Valuable and Global Coffee Enterprise
Charlotte, NC
The Business: Established in the early 1990s, this global coffee specialty and roasting business dedicated itself to meticulously sourcing, roasting, and delivering exquisite fine coffees. As a pioneering international coffee enterprise, this establishment stands poised to expand its reach across existing and new markets worldwide, leveraging its meticulous craft to delight coffee enthusiasts. Expanding Horizons: This enterprise takes pride in 14 locations within the United States and an additional 12 locations abroad, showcasing an expansive global footprint. Its growth potential extends even further as plans with a prospective Middle Eastern partner hints at a promising franchise expansion into several untapped countries. With its aggressive expansion of their robust retail distribution network, they currently hold partnerships with national retailers, local grocers, specialty stores, and convenience stores. Over the last 8 years, their unwavering efforts have yielded a remarkable 51% average year-over-year surge in new locations featuring their exceptional products, reflecting their enduring appeal. Empowering Financial Performance: The Coffee Enterprise’s financial trajectory exemplifies consistent growth, with sales experiencing steady ascent over the past 3 years. Bolstered by a robust SDE percentage of 16%, their financial strength underscores their strategic approach. Their network of 26 operating franchises contributes to their success by paying royalties ranging within 4% to 5%, while their revenue stream is further enriched by product sales. Financial sales do not include the potential incorporation of another facility in the Washington, D.C. area which could add $800,000+ in 2023 revenue. Services: The company offers various auxiliary services including RTD (Ready-to-Drink) beverages, label production, canning, and much more. The RTD canning operation runs at a 10% capacity and is expected to drastically change throughout 2023. An exciting negotiation to ship their first container load of RTD coffee has taken action within the West Coast through a major retailer with 54 sites. Available in the Sale: This establishment offers a beautiful and renovated historic real estate gem valued at $4,000,000. Strategically located in proximity to their corporate headquarters and nestled within a charming historic district, this turn-key country estate harmoniously aligns with their core roasting operations.
Freehold
Asking Price: $6,000,000
Gross Revenue: $4,849,971
Cash Flow: $1,138,654