Eggroll Manufacturer Houston Property Available And Seller Financing For Sale

Business description

This high quality eggroll manufacturer has a long family-owned history since 1987, with a strong customer base of well over 100 food distributors, suppliers, wholesalers, c-stores, restaurants and buffets, and grosses over $600K working only 3 days a week. They are USDA inspected for quality assurance. No one client is over 15% of their revenues and they’ve grown 12% and 27% respectively in revenues in the last 2 years. 80% of business is done through distribution/wholesale. Excellent opportunity to take this business over and take it to the next level by growing out of state business and/or bringing in other products to cross-sell. They currently sell over 3000 cases/mo. Revenue breakdown is 24% - cash, 76% - 30 day terms. Real Estate is also available, for $1,100,000. Real Estate consists of a 24,960sf strip center with 12 tenant spaces. Purchasing the property brings an additional $78K/yr to the cash flow. Seller financing available.

Seller's Discretionary Earnings: $152,475 Actual

Property information

Real Estate:

Lease

Location:

9500SF facility in strip center

Business Operation

Expansion potential:

Outside sales person.
Market / advertise out of state.
Bring in additional food products.

Reasons for selling:

Seller is CPA and wants to pursue other career.

Trading hours:

3 days, Tues - Thurs 7AM - 3:30PM

Employees:

8Pt; 3 Owners

Years established:

1987

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available.

Furniture / Fixtures value:

$160,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)

Related documents:

• 
• Business Profile