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Contract Food Manufacturer With Catering In Los Angeles For Sale

Los Angeles, California - South, US
Asking Price:
$1,000,000
Sales Revenue:
$4,200,000
Cash Flow:
$350,000

This established food manufacturing operation is a multifaceted one. The business’s several divisions include contract food manufacturing, specialty food and beverage co-packing, catering and delivery, rental services as well as product development, testing and packaging. Amongst other things, the bourgeoning enterprise offers cooking demonstrations and kitchen, equipment and warehouse rentals. The facility’s comprehensive build-out (approx. $1 ml.) provides it remarkable versatility and efficiency. Perhaps most importantly, the company has a loyal team of seasoned management and dedicated staff that diligently oversee each aspect of the complex operation and its related logistics. Rigorous systems and documented procedure manuals were developed years ago and are adhered to in order to ensure operational efficacy.

Please note that the $4.5 million property will not be sold without the business, though the $1.0 million business may potentially be sold without the property and the owner remaining the landlord. As potential lease rates will be a function of a variety of factors, they are not being stated at the outset.

Property Information

Real Estate:

Lease

Premises Details:

The roughly 10,000 square foot manufacturing plant has no shortage of food production and preparation space, a showroom, packaging area, formulation lab, operations and logistics center, meeting rooms and management offices. The kitchen boasts nearly 50 feet of hood space, set-up to be reconfigured as required with interchangeable equipment as well as 3 coolers ranging from 10’ x 20’ to 20’ x 30’ cooler that can accommodate a forklift and pallet, a 20’x10’ cooler and a 20’x10’. The business leases a 6,500 square foot warehouse facility that can accommodate up to 300 pallet positions that can be accessed with a scissor lift and electric forklift.

Size in square feet:
10,000

Business Operation

Expansion Potential:

Customer demand trends have somewhat dictated the firm’s development. This has culminated in the enterprise becoming somewhat of a co-packer cum food-incubator with a significant ‘mind share’ presence within Southern California’s community of food and beverage innovators and trendsetters. New operators may take this operation in any number of directions. They may focus on any one or more successful components of the current business or they may concentrate on the company’s latest customer-embraced iteration as a burgeoning food and beverage service accelerator. In this capacity, the firm assists new companies in every step of recipe development, testing and certification, labeling, packaging and in some cases, direct delivery / third party distribution. As the kitchen operates at under an estimated 25% capacity the opportunity may also be ideal for an existing manufacturer that wishes to take their third-party manufacturing in-house, or to relocate an existing facility or expand via a new one.

Competition / Market:

Competition exists on several different levels for each line of business. Large and small catering companies with varying degrees of food delivery services or equipment rental components abound throughout Southern California. Similarly, an array of pre-permitted or permit ready commissary and commercial kitchens exist, as do food labs, incubators and product development specialists. Finally, while co-packers with varying specialties and abilities are omnipresent, its remarkably uncommon to find all of these under one roof with significant excess capacity and every growing demand!

Reasons for selling:

Personal

Employees:
25
Years established:
2000

Other Information

Support & training:

Seller will train for 4 weeks at 20 hours per week or as negotiated,

Contact The Veld Group

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