HF Foods is a foodservice distributor focused exclusively on Asian restaurants across the U.S., serving approximately 15,000 customer locations — almost entirely independently owned, family-run restaurants — across 46 states. HF Foods buys food and non-food products from domestic and international suppliers and resells them at a markup, with revenue driven by volume and price. The product mix skews heavily toward specialty Asian ingredients, led by seafood (36% of sales), meat and poultry (22%), and Asian specialty dry goods and sauces (18%), along with produce, commodity staples, and packaging. HF Foods differentiates itself from large broadline distributors like Sysco and US Foods by stocking specialty Asian ingredients that mainstream distributors don't carry, and by serving customers in their primary language through a domestic field sales force paired with a centralized call center in Fuzhou, China. HF Foods runs dense, short-haul delivery routes and buys on the spot market rather than through long-term supplier contracts, allowing it to pass through cost changes quickly but leaving it exposed to commodity and tariff swings. Gross margins are modest at roughly 16-17%, typical of a distribution business where value-add comes from logistics, sourcing, and service rather than manufacturing. HF Foods is growing through capacity expansion at key distribution centers, tuck-in acquisitions of smaller regional distributors, and a recently completed ERP rollout that management expects will improve pricing control and operating efficiency.