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Businesses For Sale > Business For Sale in Macomb County, Michigan (MI)
Specialty Food Manufacturer and Distributor for sale in Macomb County, MI
Macomb County, Michigan (MI)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 750,000 |
$ 1,500,000 |
$ 350,000 |
Furniture and Fixtures Value:
$ 500,000 (included in the asking price)
Inventory Value:
$ 25,000 (included in the asking price)
Business Summary:
The company manufactures and distributes specialty food products for two separate franchise chains and still has plenty of capacity to do more. Turn-key operation. Production staff handles everything. No food experience necessary. More important that new owner has experience in sales and marketing. The right new owner could substantially increase sales in short order.
The company holds the franchise for its primary business with a territory that includes the entire states of Michigan and Ohio. Orders are 100% internet & telephone – no outside sales. This is a cash business with healthy gross profit margin, no accounts receivable, low overhead and low inventory. Most customers are on automatic recurring weekly or monthly programs. Take over the franchise or take the company private. Some strategic marketing and advertising can quickly increase sales substantially.
Secondary business is making specialty food products for new fast food chain. Only two restaurants open right now, but more scheduled to open soon. Opportunity to open your own restaurants for this chain if you want. Substantial long term upside to this aspect of the business as well.
Company has plenty of capacity to take on additional custom manufacturing, co-packing and/or distribution business.
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| Year
Business was Established: 2005 |
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| Number of Employees:
25 |
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| Facilities / Terms of Lease:
Beautiful 12,000 sq ft, fully equipped commercial kitchen, warehouse & office facility only 5 yrs old. Rent: $5,000/month negotiable. 50% property tax abatement for 5 more years. Five Delivery vans all only 2 yrs old. |
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| Potential
Growth/Expansion:
Current owners are strapped for cash and very little advertising is being done. Business needs new owner or investor with marketing & sales experience and resources to grow the company. Business already has terrific repeat customer retention. More people just need to know the business exists. |
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| Owner
willing to finance:
Combination of cash, debt assumption and some owner financing possible. |
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| Owner
willing to train:
Production staff will stay. Owners will also stay or train new owners. Franchise transfer fee $2500. |
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| Reason for selling:
Current owners would like to go their separate ways. |
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Seller Reference Number: BBC031711
BusinessMart.com Listing Number: 96211 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
 Tanya Popov
Inix Consulting and Brokerage, LLC
248-425-2129
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