MergerPlace

Food Mfg./Wholesaler w/RE

Massachusetts


  • Asking Price: $1,750,000
  • Gross Income: $3,494,898
  • Cash Flow: $504,075
  • Real Estate: $450,000
  • Inventory: $100,000
  • FF&E: $450,000
  • Listing ID: #224322
  • Established: Not Disclosed
  • Employees: 20

Business Description

Long established food manufacturer and wholesaler offering a variety of specialty meat and food products to regional grocery stores and food service suppliers.

Strong and long-standing relationships with supermarket chains.

A fleet of refrigerated trucks deliver products to stores daily.

The company has been on a growth trend increasing sales by approximately 22% since 2018 and thriving during COVID, increasing sales by 12% this year alone.


Business Details

Primary Business Category: Manufacturing - Food
Location: Massachusetts

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20

Financial Information

Asking Price: $1,750,000
Gross Revenue: $3,494,898
Cash Flow: $504,075
FF&E: $450,000
Inventory: $100,000
Real Estate: $450,000
Seller Financing Available: No

Property Information

Facilities:

The Company’s USDA certified facility is over 10,000 SF and consists of office space, food prep areas, walk-in coolers, kitchen, loading docks and storage areas. There is ample room for expansion within the company’s current footprint.

Growth & expansion opportunities:

The company has a solid foundation and can continue this growth trend by pursuing the following: • Increasing marketing efforts/hire dedicated sales staff. • Expand territory & online business. • Increase product offerings. • Increase production by adding 2nd shift.

Reason for selling:

Retirement.

Support & Training:

As needed for a smooth transition.

Contact Business Seller

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Business Listed By:

Kevin Nery

Coastal M&A