Business Summary:
Mature and Profitable Full Service Italian Food Manufacturer, Broad line Wholesale Distributor, Retailer. High quality foods, long standing excellence in service and reputation. Old family recipes. Real Estate of $2.5 million included. Owner willing to retain real estate, sell business for $1.1 million and lease property for the right buyer. Incredible turnkey operation poised for growth. Owner is willing to stay on with the new owner if desired. The buyer might be someone with connections in the food industry & someone with vision to see the great potential of this company going forward.
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| Year
Business was Established: 1965 |
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| Number of Employees:
22 |
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| Facilities / Terms of Lease:
Newly built (2006-2007) state of the art Green manufacturing, distribution, retail and office facility. 20,000 sq. ft. |
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| Potential
Growth/Expansion:
Current manufacturing production is at 30%. Profit on manufactured products is 50%. Expand the manufacturing side of the business by increasing sales to institutions, restaurants, value-add resellers. Enormous profit potential!! |
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| Competition:
4 competitors within 100 miles. Competitive advantage is twofold: exceptional product quality and full food service broad line distribution service in a timely and professional manner. |
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| Owner
willing to finance:
Yes, terms negotiable. |
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| Owner
willing to train:
Yes, terms negotiable. Current owner will stay on as employee if desired by new owner. |
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| Reason for selling:
Family Illness. New owner will grow the company more rapidly. |
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Seller Reference Number: bm1506510182
BusinessMart.com Listing Number: 71841 |
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