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Business for Sale Summary

Commercial Bakery & USDA Approved Food Manuf. - 31633

Business Type: all industries,misc. wholesale/distribution/non-classifiable,best deals!,must sell/drastic price reduction!,new to market,food & kindred (food related) conditions
Commercial Bakery & USDA Approved Food Manuf.
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $640,000 Lease Remaining Register Free to View
Owner’s Cash Flow $180,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and Negotiable.

Business Description

Commercial Bakery & USDA Approved Food Manuf. This is a very unique opportunity to buy an existing business with several revenue streams and great upside by adding further distribution of existing, proven products and adding additional lines. The business was originally a commercial bakery established in 2009. That business has grown with the addition of food manufacturing since the owners were able to obtain a USDA license for meat and poultry production in 2016. They are also an FDA approved premises. In the past year the business grossed approx. $640,000.00 with a cash flow of approx. $180,000.00. The owners must sell due to an urgent situation overseas. For the asking price, you are purchasing several existing products and revenue streams that have been proven. The cash flow, goodwill, trademarks, recipes, licenses and equipment are all included in the sale. Equipment alone is worth over $175K. The business occupies a 3,500 sq feet space with a high pressure gas line and an electrical supply of 200 amp at 208 volts and 100 amps at 480 volts. The site is currently leased at a rent of only $1,886/mth. The equipment is in good working order and a detailed list is available. The main items are 2 spiral mixers, one is less than a year old, a new ribbon mixer, two rack ovens and a three deck Pavailler oven with a new steam generator, two 140 qt Hobart mixers, AM divider/ rounder and a Rondo Sheeter. Even better, the owner has successfully built a multi million dollar business in a similar space previously. His knowledge base is invaluable. This business is a great add-on to an existing commercial food production business or wholesaler. We are seeking a serious and financially qualified buyer with at least $375K in liquid funds to cover the asking price and inventory. To learn more, please call or email Mel Vaz today at 877-735-5224 or melvaz@vestedbb.com. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.