Food Manufacturer - Frozen Pizza & Burritos - Retirement Sale

California
Food Manufacturing
Sale Pending
Gross Revenue:$15,000,000
Established Year:1993
BUSINESS DESCRIPTION

This food manufacturer has been providing quality, branded food products to various school districts for decades. They have a USDA Plant and are approved under the National School Lunch Program and serves K-12 schools in multiple States. Their primary products are frozen pizza and frozen burritos. Company is in the process of getting SQF/BRC certified to sell through retail channels.

This retirement sale is a great opportunity for another food manufacturer to acquire a great business with very sticky revenue, an experienced team, and excess operational capacity (only runs 1 shift).

Highlights of the business include:

- Strong niche market: K-12 school meals have received increased government funding!

- Covid & recession resistant: Students eat regardless of the economy, and the company did very well through the pandemic!

- Diversified revenue streams: Multiple products sold through various distributors and school districts, additional sales to the military and through co-packing services!

- Significant upside potential for growth & profits:!

- Opportunity to expand to retail sales!

- Excellent reputation and well-established brand: Built over 3 decades of delivering quality, branded products!

The ideal buyer will be a strategic buyer in the food industry that is seeking to diversify and expand into the K-12 meals space, to the west coast, or looking for the additional capabilities to produce pizza, burritos, or sandwiches.

NDA will be required before disclosing more information. All serious inquiries are welcome from well-qualified Buyers.


DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Real Estate
Leased
Building SF
33,600
Employees
62
Facilities
Facility is a USDA Plant in a well equipped, leased, industrial facility with easy access to several freeways.
Support & Training
Sellers will provide support and training to help ensure a smooth transition.
Reason for Selling
Retirement
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Vinil
Ramchandran
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Vinil Ramchandran