Facebook Twitter Linked in Glen Cooper's Blog
Twitter Business Alerts
Business 4 Sale. Marine Construction – Hi-End Docks & More. Price reduced to $325K. Sales $325K. Cash Flow $110K. Go to: http://goo.gl/bbzD
Featured Opportunities
Energy Products Fabricator
Increasing market share with infrastructure in place for expansion.Dog Daycare and Boarding
Strong customer base and a 20% growth rate!Portland Casual Dining
Upscale neighborhood restaurant opportunity in key location!
Food Manufacturing Business
Financials
Asking Price of Business: $345,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $240,000
- Inventory: $5,000
Asking Price of Real Estate: $650,000
Cash Flow: $130,000
- There is an additional cash flow of $60,000 from rent add-back with purchase of real estate.
Annual Sales: $875,000
Summary Description
This is one of Maine’s largest wholesale specialty food manufacturers. It has an established track record of stability and growth based on its excellent product quality. It serves a steadily growing market niche. The business supplies an extensive variety of specialty products to a diversified wholesale customer base. Key staffers are in place to assist a new owner in the operation of this business. A prospective new owner can further expand this business through invigorated management and customer and new product development. For confidentiality reasons the type of products produced can only be disclosed after the broker receives the buyer’s agreement to confidentiality and registration as a potential buyer. The real estate is also available.
General Information
Year Established: 2003
Employees: 8 FT, 4 PT
The business occupies a 9,500 SF building well-suited for food manufacturing. Its central location facilitates obtaining and servicing accounts. The equipment is well maintained and the facility has room for expansion and increased production. The real estate is offered for sale as well as the business and is suitable for a 1031 exchange.
Market Outlook
Competition & MarketThe business’ diversified customer base includes a wide array of food businesses of all sizes, from small shops and restaurants to large food distributors. The business is one of the largest of its direct competitors in the area. This company would benefit from strategic sales and marketing efforts aimed at customer development.
Growth & Expansion:
The business has grown rapidly in recent years. It has a solid market niche and its location is ideal for continued growth. It is at the geographic center of its potential customer base. Industry studies indicate increasing demand for its type of products and there are ample opportunities for growth by increasing the company’s market share.
About the Sale
Financing:
- Anticipated Down Payment on Business: $155,000
- Anticipated Down Payment on Real Estate: $130,000
- Working Capital Needed: $20,000
Support/Training: The seller will assist a new owner during the transition period and be available under a consulting fee arrangement for a longer time if desired.
Reason for Sale: Other business interests.
Contact Information
Lee Edwards
Maine Business Brokers
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
Before we can provide you with more information about our listings we need your agreement to confidentiality and your registration with us as a potential buyer. If you are not yet registered with us, please follow the link below to the Registration page. If you are already registered with us, follow the link to the inquiry page or contact the broker with whom you have been working.
Registration
Already Registered? Click here...
“Maine Business Brokers' professionalism, honesty and sense of humor were all appreciated.”
Bob Hartnett
Owner, Hartnett House Map Publishers
