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Meat Broker For Sale

Chicago, Illinois
Asking Price:
$750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$419,000
Cash Flow:
$152,000

Operating from its headquarters in the Chicago, Illinois area, the Company is an introductory meat broker specializing in the commerce of food products for suppliers and processors. The Company’s primary products include boneless beef and other beef products for national chain restaurants and other distribution operations. Also, the Company has an additional operating division specializing in commodity trading that is run by the Vice President of the firm. Revenue Breakdown by Market: Meat processors- 35-40%, Other distributors- 20%, Independent Rep NZ & Australia - 20%. The Company operates from a 650-square foot facility, which it leases from a third party. Offering these services requires an office with high-speed internet, business-centric telephone lines, and trained personnel with industry experience. The Company has a proven track record, supported by its longstanding reputation it maintains with its customers. With its niche range of services, the Company’s marketing efforts focus on targeting meat processors, distributors, and international sales representatives. Revenues have been steady, over the past 5 years, due to a good-standing client list and long-term industry relationships. Last year, the Company’s total revenue was $419,307 with an EBITDA of $108,395. 2017 Projects $500k Revenues. With a well-established customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Stock-Sale Preferred. No long-term debt. $200k A/R and $25k Cash INCLUDED in asking price!

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday-Friday, Hours Varies

Employees:
4
Years established:
1976

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

negotiable for the right buyer

Furniture / Fixtures value:
$35,000 - included in the asking price

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