For over 60 years, this company has established a highly regarded brand of staple food product sold in most major grocery stores. The company has long-standing relationships with grocery store buyers and ships product to approximately 30 states. Operations and corporate offices are conducted from a 19,000 sf manufacturing facility with temperature controlled production and warehouse areas and a 3,500 sf freezer. The plant capacity is currently under-utilized with room to accommodate at least one additional manufacturing line. The office space, production area and shipping/receiving areas are more than sufficient to handle additional volume of branded and/or private label products. This company would be an excellent business for an individual with business development and manufacturing skills or an add-on to a food business looking to expand manufacturing and/or distribution capacity.
- Asking Price:
- $1,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,680,330
- Cash Flow:
- $289,973
Property Information
- Real Estate:
-
Lease
- Location:
-
19,000 sf of space customized for food manufacturing owned/leased by the Seller.
Business Operation
- Expansion Potential:
-
Growth possibilities through expanding regional distribution, adding new products and/or private label products.
- Competition / Market:
-
Longevity, strength of the brand’s following and established shelf-space in major grocery chains limit direct competition.
- Reasons for selling:
-
Retirement
- Employees:
- 9
- Years established:
- 62
Other Information
- Support & training:
-
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The Seller will entertain offers of varying financial and legal structures.
- Furniture / Fixtures value:
- $700,000 - included in the asking price
- Inventory / Stock value:
- $150,000 - included in the asking price
