Annual Revenue: $750,000
Net Cash Flow: $210,000
Location: Capital Region, New York
This is an established company in operation over 15 years. They produce and distribute a private label and branded product to supermarkets and restaurants. The owner has built a solid business and is ready to retire. This company currently holds a contract with their largest supermarket client that extends through 2019.
A rolling inventory with a value of approx $150,000 plus equipment are included in the sale. The current market value of equipment included is approximately $125,000. The seller has a favorable lease on 6,000 sq ft with plenty of room to grow. Included is redundant equipment to be utilized as immediate backup if front line equipment is in need of repair. This assures NO PRODUCTION DOWN TIME or missed deliveries. This company maintains a solid accounts receivable and steady cash flow, with all clients making payment within 30 days.
Seller is willing to stay with the business short term to complete transition.
Seller is willing to provide partial financing for the right down payment and buyer.
Growth and Expansion: The Seller has done no marketing for the last few years. There is tremendous growth opportunity in the direct store delivery markets with a little effort. This business is primed and ready for another enterprising leader. There is room to expand both the private label and brand name product. There is also great opportunity to make additions to the current product line with existing equipment.
FFE: $124,000 (Included in Price)
Inventory: $150,000 (Included in Price)