Packaged Food Company

North Carolina

Seller Financing Available

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Asking Price:$2,500,000
Gross Revenue:$1,810,380
FF&E:$220,000
Cash Flow:$584,068
Inventory:$300,000
Established Year:2005
BUSINESS DESCRIPTION

This Southeastern-based company offers a unique opportunity to enter the growing market for convenient, high-quality food products. Specializing in dehydrated and freeze-dried foods, they offer a wide range of items focusing on fresh, locally-sourced ingredients. This business has cultivated a loyal customer base that appreciates its commitment to both quality and sustainability. With established production processes and efficient operations, this company is poised for continued growth. The sale includes all necessary equipment for production, packaging, and distribution, along with existing supplier relationships. This turnkey operation is an ideal acquisition for an entrepreneur or an existing business seeking to expand its product offerings in a thriving niche market.

The financials shown are for a full-time owner-operator through the Last Twelve Months as of August 2024 and incorporate a lease expense.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sitting on approximately 4.3 acres, the company occupies 21,700 sq. ft. of a 32,100 sq. ft. building. The facility is equipped to handle the production of their wide range of products with room for expansion. The real estate is owned by the owners of the company. It is for sale in conjunction with the sale of the business for $2.6 million and is being represented by Murphy Business & Financial - Carolinas, LLC.
Competition
The company operates within the food manufacturing industry. This industry is experiencing significant growth due to increasing consumer demand for convenient, long shelf-life, and healthy food options. The global freeze-dried food market and the dehydrated food market are both expected to grow significantly in the coming years. The company has very little competition due to their niche product line with a very loyal customer base.
Growth & Expansion
The company has several areas of potential growth as well as room for expanding operations within the current facility. There are opportunities for growth that the company has explored but not yet implemented in wholesale customer sales, emergency food sales, private label food sales, as well as government and prison contracts.
Financing
$2,250,000 down/$250K over 120 mos. @ 8%.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owners are retiring.
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Jesse
Stone
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Jesse Stone