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First Choice Business Brokers - #254

Wholesale Food Manufacturer For Sale

Undisclosed, North Dakota, US
Asking Price:
$700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,702,774
Cash Flow:
$311,190

Established Wholesale Food Manufacturer

30 year, successful wet salad manufacturer/wholesaler specializing in potato, pasta, and dessert salads, dips, and soups. Company has an excellent reputation for producing a premium product with excellent customer service. Product names include company name and many private labels from grocery store brands. Customers located in ND, SD, and western MN. Opportunity to expand product lines, customers, and territory and to decrease input costs. Existing facility could be expanded or eventually relocated to a larger market. Real estate is available for purchase at $400,000.

Property Information

Location:

North Dakota

Premises Details:

This business has real estate available of 5,000 square feet. Seller is active with 22FT and 6PT employees. Hours of operation are 6:30am-4:30pm Monday-Friday. $50,000 in inventory and $566,265 in FF&E included in the asking price. Food Processing license required.

Size in square feet:
5,000

Business Operation

Expansion Potential:

Opportunity to expand existing facility or move to larger facilities in a larger market.

Competition / Market:

There are 2-3 main competitors.

Reasons for selling:

Retiring

Employees:
22
Years established:
31 Years

Other Information

Support & training:

Seller will stay on for up to 8 weeks with consultation after, as needed.

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

Seller financing available

Furniture / Fixtures value:
$566,265 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price