Company produces delicious, all natural and profitable ethnic-based frozen food brands, co-packs and offers private label varieties for major grocery & big box stores. Company is strategically positioned for growth thanks to recent equipment upgrades and its unsurpassed ability to bring new products to market from concept to packaged frozen food item and turn a concept into a finished product for the shelves in less than a month. They have their own labels/branding/following, but it's a business first and ego is second, so they also contract manufacture for a who's who of some of the heavy hitters in retail & grocery. Their claim to fame is producing these tasty food items with a slimmed down recognizable ingredient list (usually on one hand) which meets consumers' prolific demand for healthy yet easy to prepare food. The Company follows strict GFSI standards and is Safe Quality Food (SQF) Level 3 & HACCP certified. With fresh ingredients, impeccable safety records, and 35% profit margins, the Sellers are seeking an exit to take this facility and the pending contracts and turn this into a 9 figure top line powerhouse. NDA is required for 20 page Confidential Information Memorandum crafted by ProNova Partners.
About the Business
Number of Employees:
The 50,000 sq. ft. state of the art facility is SQF Level 3 Certified. Building is on a long term lease with an option to purchase.
Despite the frozen food market being quite diverse and growing, Company produces a variety of all-natural, underrepresented ethnic-based foods.
Growth & Expansion:
Industry insiders say manufacturers are gearing up for long range forecasts for continued growth. This Company is unmatched at quickly meeting the needs of grocers that desire to sell to customers wanting healthy, trendy, less processed foods.
Asking Price: $20,000,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $10,600,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Frozen Food Manufacturer w/Nearly Every Big Box Contracted
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. See our
full Terms & Conditions.