Price Reduced-Meat Processing & Custom Slaughter House, w/Real Estate

IA

Meat Processing
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Asking Price: Get Financing: $150,000

Cash Flow: $166,200

Gross Revenue: $244,430

EBITDA: N/A

FF&E: $27,850

Inventory: $7,000*

Real Estate: $39,000

Established: 1957

*not included in asking price.

Price Reduced-Meat Processing & Custom Slaughter House, w/Real Estate

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Business Description

This company’s main business is custom processing of beef and pork for farmers. These local customers represent the majority of business. At any given time, the waitlist can be up to two months because they have such a high demand for their services. They are the only meat locker in a 25 mile radius. The business also offers whole, halves or quarters of beef, and halves or whole hogs to consumers. This company provides retail sales of steaks, roasts, hamburger, bacon, bologna, sticks, and many other specialty items.

This custom slaughter and meat processing plant began in 1957.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,750
Employees:
4 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The plant is in an excellent location approximately 1 hour north of Des Moines. The 2,750 sq. ft. building and property is included in the sale of the business. This meat locker is equipped with 2 walk-in freezers, providing a back-up system. The business also includes a Koch smokehouse and locker truck with a functional hoist. This meat processing plant runs very efficiently. Estimated RE value $39,000 Property taxes are very affordable at $364 for 2018.
Growth & Expansion:
There are approximately 100 head of cattle on the books for future processing. Also, there are consistently a large number of hogs in the area. One strong opportunity for potential growth is processing deer. This could be a large money maker and way to further expand the business.
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Roger Hutson

Business Listed By:
Roger Hutson

Sunbelt Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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