Very Profitable Meat Products Producer/Distributor/Retailer
Location: > Mid-Atlantic Region, North East
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $1,000,000
Gross Revenue: $4,240,000
Cash Flow: $440,000
Inventory: $30,000 (Included in Asking Price)
FF&E: $400,000 (Included in Asking Price)
Real Estate: $3,600,000 (Not Included in Asking Price)
Seller Financing: Prefer 3rd party financing.
Business Summary
A great opportunity for an individual buyer or multi-person buyer team to step into a well established business and immediately begin to develop untapped potential or for a corporate buyer with existing market channels to add products or bring in production and capitalize on under-utilized capacity. This is a third generation, family owned business that generates a substantial income for its one remaining owner. The company is USDA licensed and manufactures and sells a variety of meat products through supermarkets, local meat and produce markets, restaurants, a company-owned retail store and internet and mail-order business. Plant production consists of custom slaughtered beef and pork. The retail operation utilizes boxed beef and pork that is further processed into finished meat products, as well as beef and pork slaughtered on-site. Premium sausage is the company's specialty. There is a knowledgeable and loyal workforce in-place that would enable a new owner coming from a different background to learn this business without prior industry experience. Operating with a philosophy of putting quality first, this company does not compete on price and has limited its focus to a 30 mile radius. The brand is well known in the local market area for high quality and fresh meat products and the company relies to a large degree on reputation and word-of-mouth marketing. The business is located in an excellent location with great access to a major transportation corridor for expanded distribution of the company’s products. A passive real estate related business exists on the same property and is synergistically and very profitably operated by sharing administrative resources. This secondary business adds a steady stream of net operating cash flow in excess of $200,000 per year to the very profitable core meat business.
About the Business
Employees: 20 full time -
Facilities: The site consists of approximately 8 acres including the meat products manufacturing plant of 15,610 sq ft, a country market retail store with 1,240 sq ft and another real estate related business facility. The meat plant includes all of the equipment necessary for a turnkey operation from slaughter through processing, packaging and shipping, including a fleet of 4 refrigerated delivery trucks.
Market Outlook and Competition: This business has a strong reputation and brand established over many years of operation in the local market area. It produces premium products that are manufactured and marketed through a strategy to avoid competing on price. The strategy pushes quality, convenience and freshness. The manufacturing plant is well-equipped and has capacity for substantial growth. A buyer could expand the market territory, add new products, or an existing producer could bring in production and utilize excess capacity.
About the Sale
Management Training and Support: The owner will provide a couple of months of training and consultation to provide a smooth transition.
Reason For Selling: The owner wants to retire and has no successors.
List Your Business for Sale | This listing has been viewed 394 times
advertisement
|
||||||||
|
Recommended Resources
Sponsored Links
|
||
|
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.
|
||
