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Texas Based Legume Producer Processor And Distributor For Sale

Texas, US
Asking Price:
On request
Sales Revenue:
$4,898,000
Cash Flow:
$432,000

The company pre-purchases large batches of Southern peas from farmers and then processes them for the wholesale seed and food trade.

Key Aspects:
· Leading supplier of southern pea seed for garden trade
· Over 70 years of strong brand recognition in the cowpea and seed processing and distribution industry
· Excellent industry reputation for high customer satisfaction and exceptional product and service quality
· Certified under BRC Standards, a fundamental requirement for most leading retailers, suppliers and manufacturers and food service organizations
· Loyal employee base with 95% of company employees having tenures of over a decade

Opportunities:
· Further expand product offerings through new business development, seeking more long-term relationships with farmers Increase the line of credit allowing the company to further expand its offerings
· Consolidate operations from both facilities, making the company operate more efficiently from one location
· Add additional square footage to existing properties, allowing room for more storage and product line growth
· Ability to tap the international cowpea distribution market
· Hire a production manager to work along side farmers and their crop yields

Headquartered:
· Texas

Current Markets:
· The company’s target market includes all private and corporate cowpea wholesale distributors within the United States. The company has also previously done business with international distributors.

Real Estate:
· The company owns and operates from two facilities located in Pleasanton, TX. There is potential room to expand operations into additional square footage to further accommodate the growing demand for the company’s services. These two properties are expected to be included as part of the sale. One of the two properties may be leased, if necessary, at a negotiated rate.

Shareholder Objectives:
· The owner is approaching retirement age and is interested in a full sale with the right buyer. He is willing to remain with the company post-sale for one year to offer a smooth transition.

Contact Benchmark International

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