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Custom Meat Processor

Duvall, Washington (King County)

Agriculture | Wholesale/Dist. - Nondurable Goods

Asking Price $550,000 Inventory $10,000** 
Gross Income $601,000 Real Estate $250,000* 
Cash Flow $135,000 Year Established 1972
FF&E $32,000* Employees 4

* included in the asking price

** not included in the asking price

This USDA licensed meat processor fits a growing niche for small local production and specialized needs. The business has been in operation for sixty years and with the present owners since 1972. The margins are strong and there is opportunity for related businesses to vertically integrate.

Facilities: The business includes owned real estate in the Snoqualmie Valley. The rural real estate includes land and buildings suited to the business, i.e., special purpose buildings oriented to animal slaughter. The property has appropriate permits.

Competition: This "boutique" slaughterhouse fits in a niche for specialty meats. There is relatively little competition at this level and there is a need to supply smaller value added meat processors. Obtaining USDA licensing and operating permits is difficult and expensive and serves as a barrier to entry. The market is cyclical, typically 3-4 years.

Growth/Expansion: The operation is currently running at approximately 35% of capacity due to the owners work preferences. Processing is limited to veal calves at present but could handle other meats.

Financing: Seller will carry partial financing for qualified buyer

Support/Training: The owner will train and transition for three months as part of the price and will extend his services at additional cost for an additional nine months.

Reason Selling: Retirement of the principal owner operator and the needs of the other partners

AD # 331582

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