Branded Yogurt & Ice Cream Manufacturer Distributor Company For Sale

Business description

Branded Ice Cream & Yogurt-Manufacturing & Distribution Company, Southern California

REAL ESTATE AVAILABLE. This 18-year old Company has unique product/customer niches. Primary institutional customers are School Districts in S. CA and Las Vegas where it is sole source as its fat-free products meet the schools strict nutrition requirements. High margin direct retail channel for its established brand name products. Also a distributor for several consumer name brands. State-of-the art, highly-automated manufacturing equipment; products delivered with its own delivery trucks.

Due to high gross margins and low operating expenses, the Company is an efficient cash-generator. Production could be tripled from current one-shift operation adding significant incremental net income. Well positioned for numerous sales and distribution opportunities: new School Districts throughout CA and other states as well as direct retail and grocery stores. Can also distribute other products through its channels. A commitment from a major retail chain currently under negotiation could add 90% in new revenues.

Ideal buyer: a sales/marketing focused person/team experienced in manufacturing, marketing and distribution of food products. Pre-approved for SBA financing.

General Information

Year Established: 1989

Employees: Monthly payroll of $32,000 including 18 outsourced employees

Facility: 33,000 square feet of land with a 7,500 square-foot facility.

Business owner also owns the Real Estate. Will lease facility to new owner for $8,000/month or will sell the RE at its appraised value of $1,900,000.

Price Includes Furniture, fixtures, equipment, tenant improvements of $551,000. Inventory of $15,000 not included.

Reason for Selling: Owner relocating.

Asking Price: $ 790,000

Gross Revenues: $ 1,002,000

Sellers Discretionary Earnings (Net Cash Flow): $216,000

Property information

Lease terms:

Building available for lease or purchase.

Location:

7,500 sq ft building.

Other information

Support & training:

Seller will provide training.

Reasons for selling:

Relocation

Trading hours:

6-5 Mon-Fri

Financing available:

Seller will negotiate financing.

Furniture / Fixtures value:

$551,000

Inventory / Stock value:

$15,000

Contact the seller