Specialty Packaged Food Company and Local Market

Asking PriceNot Disclosed

Cash Flow
$264,000

EBITDA$180,000

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Specialty Packaged Food Company and Local Market


Asking PriceNot Disclosed

Cash Flow
$264,000

EBITDA$180,000

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Founded in the 1930’s, this Company is a specialty food company that manufactures and distributes many packaged food products from its facility, where the Company also operates a market selling many locally-made specialty food products. The Company is well known across the state for its loyalty to local producers and willingness to learn about and support small vendors across the state.

The Company manufactures many food items in-house, including many varieties of pimento cheese and fudge, and also makes its own chicken salad, macaroni salad, ham salad, many varieties of coleslaw, chili, and liver pudding for sale at the retail location along with their meat market. The Company’s homemade pimento cheese is a staple across their area accounting for approximately 95% of wholesale revenues.

INVESTMENT APPEAL

Established Local Presence: The Company benefits from its convenient location, where the store has been located for 85 years. Local residents know and love the store, and shoppers recognizes the Company’s pimento cheese on store shelves across the region.

Strong Customer Relationships: The Company has built a reputation for providing specialty foods with the highest attention to customer detail. The customer base is loyal, which allows the Company to save marketing costs that competitors must foot, both in acquiring new customers and in obtaining repeat business from existing customers.

Outstanding Growth Opportunities: There exist several opportunities for the store to significantly increase revenue and profit, including introducing a USDA kitchen to the store and expanding distribution to widen the Company’s reach across other local markets. These opportunities are easily attainable given the appropriate capital investments and compliance with regulations.

Strong Supplier Relationships: The Company has long-term relationships with the vendor base. All of the store’s suppliers are local, making for easy procurement of goods, and they are known for a strong loyalty to their local producers .
Listing Info
ID
2150610
Listing Views
1033

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Business Listed by: Emil Nirkis Generational Equity, LLC

Listing ID: 2150610 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.