Turn Key Food Packaging Operation

Mankato, MN (Blue Earth County)

Seller Financing Available
Turn Key Food Packaging Operation
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: $145,586

EBITDA: N/A

FF&E: $450,000

Inventory: N/A

Rent: $7,550 /Month

Established: N/A

Turn Key Food Packaging Operation

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Business Description

Highlights
Turn Key Business Opportunity
Includes Operational Equipment
FDA, USDA, HACCP Certified
SQF and GSFI Compliant
Description
Opportunity to own turn key packaging operation. Perfection Packaging has specialized in contract and private label food packaging for over 17 years. Services provided include lay-down bags, pre-printed and fill packaging, tubs, tins or any special order programs. Three production lines have an estimated daily capacity of 100,000 units.

Business is SQF and GSFI compliant and has FDA, USDA, HACCP certifications.

Sale includes 3 complete packaging production lines with baggers and printers, 2 electric forklifts, 1 ton Chevy dump truck, 3 computer systems, pallet wrapper, all office equipment and many more assets. If buyer signs a 5 year sub-lease agreement in current space, the sale includes a 5 year co-packing contract for the Rockstar Seedz and Fritzie Fresh Candy brands along with all other existing and new packaging contracts secured by seller over next 5 years. Seller is open to financing with a $150,000 down payment.

Location
Located in the Energy Park of hilltop Mankato, Power Drive connects the newly upgraded County Road 12 to MN Highway 22. Four lane MN Highway 14 is blocks away, and US Highway 169 is only 5 miles West. Situated near FedEx Ground, MRCI Worksource East Campus and E.I. Microcircuits, and near Mankato's primary retail district.

Listing site: https://buildout.com/website/419990-sale

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Option to purchase building and lease back 20% of space to seller for his food retail brand business.
Competition:
Only one in area providing this service
Growth & Expansion:
Projected sales for 2019 = $201,488 Projected net income for 2019 = $80,588
Financing:
Financing offered with $150,000 down payment
Support & Training:
Negotiable
Reason for Selling:
Focus on retail brands
Business Website:
http://buildout.com/website/419990-sale
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Contact the Seller

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April Femrite

Business Listed By:
April Femrite

Coldwell Banker Commercial Fisher Group

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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