Business Overview

Decades old food production company with numerous opportunities for expansion. Take a look at this already profitable wholesale and retail food production and distribution company. According to the owner this company is poised to grow to $7M in 24 months. The owner is willing to entertain a full buyout or a partnership. For more information, call Pam Ludwinski 314.368.8811 or Dominic Consolino 314.378.6031 or info@premierbb.com

Financial

  • Asking Price: $1,550,000
  • Cash Flow: $250,634
  • Gross Revenue: $3,544,735
  • EBITDA: N/A
  • FF&E: $700,000
  • Inventory: $100,000
  • Inventory Included: N/A
  • Established: 1952

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Real Estate is available for an additional $700,000

Is Support & Training Included:

Yes

Purpose For Selling:

Other Opportunities

Opportunities and Growth:

Add Distribution Networking

Additional Info

The venture was started in 1952, making the business 70 years old.
The sale doesn't include inventory valued at $100,000*, which ins't included in the asking price.

The company has 12FT employees and is located in a building with disclosed square footage of 10,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell operating businesses. However, the real reason vs the one they tell you may be 2 totally different things. As an example, they might claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may just be justifications to attempt to conceal the reality of altering demographics, increased competition, current decrease in incomes, or an array of various other factors. This is why it is really vital that you not depend absolutely on a vendor's word, but rather, utilize the vendor's solution together with your general due diligence. This will repaint a much more sensible picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans in order to cover points like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that profit margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new consumers? Many times, businesses have repeat clients, which form the core of their day-to-day profits. Certain elements such as brand-new competitors growing up around the area, roadway building and construction, and also staff turn over can influence repeat customers as well as negatively influence future incomes. One important point to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning customer base. A final thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the edge of town? Just how might the neighborhood average house income impact future revenue potential?