Listing Number: 80521-540177
This 20+ year-old south of Atlanta foods manufacturer is a launching ramp to double or triple the book of business in a very short time. Recent year-over-year revenues are up and 2019 is on track to be a $2,000,000 year. Most of the products are private labeled for several significant national restaurant and food brands.
The plant is in a 13,000 square foot masonry block building owned by the Seller. He is asking $750,000 for the property or is willing to enter into a mutually favorable lease arrangement.
Inventory is mostly work-in-progress or finished goods. Furniture, fixtures and equipment are valued at $766,214. There are seven plant employees, some of whom have been with the Seller for years. The owner and his partner manage the day-to-day business. The owner is very willing to stay on with the business in some capacity as mutually agreed.
This is a terrific opportunity for someone already in the space who would like to add these products to their portfolio, or for someone with manufacturing experience who wants to take a strong business and drive it to the next level. There is capacity to add revenues via marketing and business development, as well as clear places to save on Cost of Goods.
Call today to receive a Non-Disclosure Agreement and Buyer Profile, and we will provide more details on this very tasty business!
- Price: $2,000,000
- Down Payment: $2,000,000
- Sellers Discretionary Earnings: $440,621
- Total Sales: $1,402,930
- Location: Spalding County, Georgia
- Inventory: $175,807
- FF&E: $766,214
- Employees: 8
- Year Established: 1986
- Reason for Selling: Other opportunities
- Category: Manufacturing