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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of net sales by segment

The following table presents net sales by segment for the nine and three months ended September 30, 2018 and 2017, respectively:

 

    For the Nine Months Ended  
    September 30, 2018     September 30, 2017  
             
Sales to independent restaurants   $ 203,272,084     $ 208,530,756  
Wholesale     13,960,000       17,206,281  
Total   $ 217,232,084     $ 225,737,037  

 

    For the Three Months Ended  
    September 30, 2018     September 30, 2017  
             
Sales to independent restaurants   $ 65,755,748     $ 70,939,519  
Wholesale     4,608,053       4,656,357  
Total   $ 70,363,798     $ 75,595,876  

Schedule of revenue and assets generated from business in U.S.

All the Company’s revenue was generated from its business operation in the U.S.

 

    For the Nine Months Ended September 30, 2018  
    Sales to independent restaurants     Wholesale     Total  
Revenue   $ 203,272,084     $ 13,960,000     $ 217,232,084  
Cost of revenue     167,388,910       13,052,688       180,441,598  
Gross profit   $ 35,883,174     $ 907,312     $ 36,790,486  
Depreciation and amortization   $ 1,477,627     $ 101,478     $ 1,579,105  
Total capital expenditures   $ 2,053,203     $ 141,007     $ 2,194,210  

 

    For the Nine Months Ended September 30, 2017  
    Sales to independent restaurants     Wholesale     Total  
Revenue   $ 208,530,756     $ 17,206,281     $ 225,737,037  
Cost of revenue     177,468,565       16,676,757       194,145,322  
Gross profit   $ 31,062,191     $ 529,524     $ 31,591,715  
Depreciation and amortization   $ 1,279,312     $ 105,559     $ 1,384,871  
Total capital expenditures   $ 1,939,300     $ 176,887     $ 2,116,187  

  

    For the Three Months Ended September 30, 2018  
    Sales to independent restaurants     Wholesale     Total  
Revenue   $ 65,755,745     $ 4,608,053     $ 70,363,798  
Cost of revenue     53,488,702       4,312,409       57,801,111  
Gross profit   $ 12,267,043     $ 295,644     $ 12,562,687  
Depreciation and amortization   $ 502,293     $ 35,150     $ 537,443  
Total capital expenditures   $ 115,593     $ 9,237     $ 124,830  

 

    For the Three Months Ended September 30, 2017  
    Sales to independent restaurants     Wholesale     Total  
Revenue   $ 70,939,519     $ 4,656,357     $ 75,595,876  
Cost of revenue     59,987,884       4,479,565       64,467,449  
Gross profit   $ 10,951,635     $ 176,792     $ 11,128,427  
Depreciation and amortization   $ 445,959     $ 29,547     $ 475,506  
Total capital expenditures   $     $     $  

 

    As of
September 30, 2018
    As of
December 31, 2017
 
Total assets:                
Sales to independent restaurants   $ 78,377,247     $ 75,180,924  
Wholesale     5,382,669       5,476,976  
Total Assets   $ 83,759,916     $ 80,657,900