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Businesses For Sale   >>   Food Production and Packaging Businesses For Sale

Turn-Key Food Manufacturing Company

Location  Arkansas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $936762
Net Profit / Cash Flow  $234047
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1995
Number of Employees  6 - 9
Inventory  224494
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Seller will negotiate a transition period
Reason for Sale  Retirement

Description  
This is a fully equipped food manufacturing and distribution company of Dry Powder Products situated in a 4,000 square foot plant in Little Rock, Arkansas. This business has been in operation since 1999 and was started by the current owner. It sells Base Drink Mixes, Vegetarian Meal Mixes, Ice Cream, Sorbet, Gravies, Puddings, Protein Meals and other dry powder products to clients which include the prison system in the states of Alabama and Texas, along with some Federal contracts as well. The company is able to produce, mix, package and ship its products in-house. With over $200,000 in equipment & over $930,000 in Gross Sales this turnkey operation is ready to start making money the day a new owner steps in. The current owner is now over 70 and his wife is in poor health, thus he is ready to step away from his cash flowing business for the right Buyer. He believes the business is currently operating at 35-40% capacity and feels an energized and enthusiastic owner can more than double profits operating at full capacity. Also the business presently operates a very basic website and does not take advantage of online opportunities. A few changes could increase the already impressive Discretionary Earnings - which average over $265,000 for the last three years.


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