MergerPlace

Ice Manufacturing&Distribution Business

South Dakota


  • Asking Price: $2,250,000
  • Gross Income: $1,133,999
  • Cash Flow: $225,723
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $700,000
  • Listing ID: #213584
  • Established: 1980
  • Employees: 5 FT / 10 PT

Business Description

This established Ice Manufacturing and Distribution business has built a solid customer base over the last four decades. Serving a radius of approximately 50 miles, the business services about 300 customers for Ice and Dry Ice.
Owned and operated by the Seller since its inception, the business owner is now ready to find a quality buyer who can continue to serve their existing customer base and take the business to the next level.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: South Dakota

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 10 PT

Financial Information

Asking Price: $2,250,000
Gross Revenue: $1,133,999
Cash Flow: $225,723
FF&E: $700,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in an 11,000 square foot facility, located on an interstate, with excellent access and visibility. Included as part of the Real Estate is ample warehouse/storage, a loading dock and three 40 ton ice molding machines.

Growth & expansion opportunities:

Excellent opportunity for growth through an expansion of the territory, proactive marketing and a needed increase in product pricing. For a new, aggressive owner, establishing a distribution warehouse to establish a new territory is also a possibility.

Competition:

Competition does exist, but after almost four decades, this business has built an excellent and loyal customer base numbering around 300.

Reason for selling:

After almost 40 years, owner is looking to retire.

Support & Training:

Will train for 4 weeks @ no cost Outside of the typical State and Federal business licenses, no special licenses are required.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Rey Gonzales

Murphy Business Brokers