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Meat Product Manufacturing Wholesaler & Distributor For Sale

Cincinnati, Ohio
  • $2,900,000
  • (Furniture / Fixtures and Inventory / Stock included)

Sales revenue:
$3,236,700
Cash flow:
$284,600
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"Business Description :

Highly respected Meat Product Manufacturer, Wholesaler & Distributor, with its own unique brand serving the Greater Cincinnati area and wholesalers regionally from Florida to Michigan. The federally certified processing plant, cold storage ""hi-cube"" w arehouse and loading docks share a common roof at a facility located on a major U.S. Highway . The highly popular deli and butcher shop also shares space with a full service catering kitchen. An additional 2,800 square feet of retail space is leased to a third party Family Restaurant (in business for over 15 years). The individual brand is recognized at area grocery stores and sporting venues.

Historical Summary:

This family owned business was started in 1985 by a couple who both previously worked in the meat industry. Initially, there was a small building and a 14-acre slaughterhouse property. 20 years later, the present day facility was completed in 2005, and the individual brand as well as the processing, wholesaling and distribution operations have flourished.

Owner Qualifications :

Must have strong background in the meat industry with knowledge regarding federal regulations, retail food service operations, wholesaling and distribution.
"



Real Estate:
Real Property Included
Premises details:
State-of-the-art facility under one roof including Federally Certified Processing/Manufacturing plant; Cold-Storage Hi-Cube Warehouse; Loading Docks (4); Retail store for Old-Tyme style Deli and Full Service Butcher Shop; and 2,800 square feet leased to a third-party Family Restaurant.
Size in square feet:
18,000

Expansion potential:
As a family owned business, the principal drivers of sales and marketing have largely been through the hard working efforts of the owners. There has not been a formal marketing plan, nor have the operations been audited to achieve maximum utilization. The plant is currently operating at approximately 40% of capacity. With everything in place, this "turn-key" operation has a great potential for future growth.
Competition / Market:
The company brokers product for several of the largest meat packers in the country. It also competes with similar businesses in each of its individual market segments
Reasons for selling:
Retirement
Trading hours:
M-F 9-6,
Sat 9-2
Employees:
6 PT/4 FT
Years established:
1985
Support & training:
Will provide 90 days and then available as a paid consultant.
Financing available:
Negotiable
Furniture / Fixtures value:
$635,900 (included in the asking price)
Inventory / Stock value:
$509,600 (included in the asking price)


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