Wholesale Meat Distribution/Production, Price Includes Property
Location: Michigan > East Central
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $2,700,000
Gross Revenue: $16,000,000
Gross Revenue Comments: 2007 Growing in 2008!
Cash Flow: $675,000
Cash Flow Comments: SDE Owner Operated
Inventory: $600,000 (Not Included in Asking Price)
FF&E: $600,000 (Included in Asking Price)
Real Estate: $1,000,000 (Included in Asking Price)
Seller Financing: Negotiable, inventory to be paid in cash at closing
Business Summary
An excellent wholesale, retail and sausage production facility located in East Central Michigan. Wholesale meats contribute 60% of the revenue with 4 trucks delivering within a 100 mile radius. Customers are restaurants and grocery stores. The meat production facility offers sausage products, hams, bacon, jerky, and other related items. A high volume grocery store has a full deli including breads and prepared foods. The facilities and equipment are well maintained and in remarkably good condition. All property is included in the offering price. This business is located in a rural area about 2 hours from Metro Detroit. Mid year 2008 sales are up approximately 6% over 2007.
A confidentiality agreement must be signed and proof of financial ability to purchase this business must be provided before further information is released to the prospective buyer. Contact Glen Toadvine at MarketPoint Associates for further information.
A confidentiality agreement must be signed and proof of financial ability to purchase this business must be provided before further information is released to the prospective buyer. Contact Glen Toadvine at MarketPoint Associates for further information.
About the Business
Year Established: 1955
Employees: 75 full time -
Facilities: 43,000 square feet 3.5 acres
Market Outlook and Competition: This business is able to compete and prosper in a competitive market.
About the Sale
Management Training and Support: Provided
Reason For Selling: Retirement
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