Pasta Manufacturer Distributor - 1613 Business Type: misc. manufacturing/non-classifiable,mfg businesses
Acted as the Advisor to the Deal
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $250,000 | Down Payment | $125,000 |
| Gross Revenues | $320,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $158,481 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and 125,000 @ 8% over 5 months
Business Description
This manufacturer and distributor of fresh gourmet pasta, pasta products and fillings is outgrowing its current space. Year to date sales are 20% above 2002. Company sells to restaurants, retailers and other distributors under its own and private label. Products include fresh specialty pastas, ravioli (plain and striped), gnocchi, and shells, etc. Gourmet fillings include spinach, roasted red pepper, broccoli rabe, butternut squash, mixed nuts, grilled vegetables, portabella mushrooms, Cajun, lobster, and sundried tomato etc., as per the customer's order. Fresh pastas are manufactured in any shape and size due to specialized equipment and cutting dies. Pastas include cilantro garlic, Cajun, tomato basil, black linguini etc. Products are too numerous to mention. Two trucks deliver daily and the NYC accounts are serviced by wholesalers. New owner could put another truck on and service NYC accounts himself and increase company margins. $75,000 of specialized equipment is included. Company plans on introducing a line of low carb gourmet pastas and products. The company uses only the highest quality products and materials and provides the best count per case and highest weight per unit than any of its competitors. His customers do higher sales using the company's products and are very loyal. The two owners do all the production, the deliveries and have limited time for sales and marketing. A new owner can delegate deliveries, supervise production and devote time to sales and marketing with immediate results. Owners will provide generous training, transition and support. This company is poised for explosive growth and is priced at a very reasonable multiple. This listing will not last.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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