SWFL food services company sells e-commerce unit for $700K

Innovative Food Holdings Inc., a Bonita Springs national seller of gourmet specialty foods to professional chefs, has closed a deal to sell its consumer e-commerce business, igourmet.com, for $700,000.

The cash deal, according to a statement, includes $175,000 due in 30 days, plus the assumption of approximately $350,000 of gift card liabilities. The company’s Pennsylvania facility is not included in the transaction, the release adds, and the name of the buyer wasn't disclosed.

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