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Full Service Italian Food Mfg/Dist/Retail
| Asking Price: | $3,600,000 | Inventory: | $219,000 ++ |
| Gross Revenue: | $3,300,000 | Real Estate: | $2,500,000 ++ |
| Cash Flow: | $150,000 | FF&E: | $785,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Mature and Profitable Full Service Italian Food Manufacturer, Broad line Wholesale Distributor, Retailer. High quality foods, long standing excellence in service and reputation. Old family recipes. Real Estate of $2.5 million included. Owner willing to retain real estate, sell business for $1.1 million and lease property for the right buyer. Incredible turnkey operation poised for growth. Owner is willing to stay on with the new owner if desired. The buyer might be someone with connections in the food industry & someone with vision to see the great potential of this company going forward.
About the Business
Year Established:1965
Employees:19 full time - 3 part time
Facilities:Newly built (2006-2007) state of the art Green manufacturing, distribution, retail and office facility. 20,000 sq. ft.
Market Outlook and Competition:Current manufacturing production is at 30%. Profit on manufactured products is 50%. Expand the manufacturing side of the business by increasing sales to institutions, restaurants, value-add resellers. Enormous profit potential!! There are 4 competitors within 100 miles. Competitive advantage is twofold: exceptional product quality and full food service broad line distribution service in a timely and professional manner.
About the Sale
Management Training and Support:Owner will train. Specifics negotiable.
Reason For Selling:Family health issues. New owner will grow the business more rapidly.
Seller Financing:Negotiable
KEYWORDS: Food, Italian, Manufacturing, Wholesale, Distribution, Retail, Frozen Food, Distributor, Broad line, broadline, full service, family recipe, mature business.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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