Description
Unique opportunity to purchase a long-standing and highly respected speciality foods manufacturer with related real estate. The business has been providing freezer to oven products to customers throughout the country for over 25 years. The Seller has a diverse group of clients from large grocery to direct-to-consumer, much of it private label. The products are outstanding and have a strong following. This business is poised for the right buyer to introduce and expand the offering to other markets.
In addition, there is a significant real estate opportunity that includes a highly productive manufacturing facility.
Detailed Information:
Business Price: $2,850,000
Revenues: $7,500,000
Inventory: $575,000 (in addition to asking price)
Furniture, Fixtures, & Equipment (FF&E): $1,691,000 Est. (Included)
3-Year Average of Sellers Discretionary Income: $1,007,000
Real Estate: $2,500,000 (Offered in addition to Business Price)
Total Business with Real Estate: $5,350,000
Facilities: The business has a 23,500 SF +/- manufacturing facility on nearly 2 acres. It has ample parking for staff and is near a major highway.
Competition: There are number of competitors in this space but plenty of room for continued growth.
Growth & Expansion: Company has strong customer relationships and significant repeat business. Opportunities for growth detailed on the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Retirement
Real Estate offered through our Broker, Aland Commercial, 1-800-324-3776.