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(Futia’s Famous) The Business supplied their specialty food products primarily to Supermarkets.  We had many interested buyers and the buyer that won out, had relationships with other supermarkets that the seller didn’t have and vice versa, so the opportunity to cross-sell into each other’s customer base was very synergistic.  The buyer was very interested in the contacts that came from the business, and the buyer was looking to move from their high rent district in the Rochester, NY Area. They were able to get a favorable deal with the landlord for additional space in the Albany area at almost half the square foot rate they were paying in Rochester. Since the buyer was experienced in the industry, he only required the seller to stay on board for a two week transition period, which is precisely what the owner wanted because he was ready to retire.

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