Seller Financing Available

Asking Price:

$2,900,000

Gross Income:

$3,236,750

Cash Flow:

$285,000

FF&E:

$636,000.00 *

Inventory:

$509,600.00 *

Real Estate:

$967,240.00 *

Year Established:

1985

Employees:

6 pt/4 ft

Business Types:

Food and Kindred Products
Nondurable Goods

* included in the asking price

Business Description

Business Description :

Highly respected Meat Product Manufacturer, Wholesaler & Distributor, with its own unique brand serving the Greater Cincinnati area and wholesalers regionally from Florida to Michigan. The federally certified processing plant, cold storage "hi-cube" warehouse and loading docks share a common roof at a facility located on a major U.S. Highway . The highly popular deli and butcher shop also shares space with a full service catering kitchen. An additional 2,800 square feet of retail space is leased to a third party Family Restaurant (in business for over 15 years). The individual brand is recognized at area grocery stores and sporting venues.

Historical Summary:

This family owned business was started in 1985 by a couple who both previously worked in the meat industry. Initially, there was a small building and a 14-acre slaughterhouse property. 20 years later, the present day facility was completed in 2005, and the individual brand as well as the processing, wholesaling and distribution operations have flourished.

Owner Qualifications :

Must have strong background in the meat industry with knowledge regarding federal regulations, retail food service operations, wholesaling and distribution

Detailed Information

Facilities:

18,000 state of the art facility under one roof including Federally Certified Processing/Manufacturing plant;cold storage Hi-cube warehouse;loading docks (4);retail store and full service butcher shop; 2800 leased to 3rd party family restaurant.

Competition:

The company brokers product for several of the largest meat packers in the country. It also competes with similar businesses in each of its individual market segments.

Growth/Expansion:

As a family owned business, the principal drivers of sales and marketing have largely been through the hard working efforts of the owners. There has not been a formal marketing plan, nor have the operations been audited to achieve maximum utilization. The plant is currently operating at approximately 40% of capacity. With everything in place, this "turn-key" operation has a great potential for future growth

Financing:

Negotiable

Support/Training:

90 days. After that will advise as paid consultant.

Reason Selling:

Retirement