Property Details

 DESCRIPTION

A Manufacturer and Distributor of Products Used in Food Preparation in operation for over 30 years

• The business is licensed by, and in good standing with, the NY State Department of Agriculture and Markets
• It has an established supplier base that provides excellent quality ingredients
• Their products are in over 40 Restaurants, Butcher Shops, and other Food Service Facilities
• Its product line consists of over 300 items
• There are currently 4 Full Time and 5 Part Time employees including the owners
• It has strong Retail, Online, Food Service, and Partner Sales.
• There is an engaging e-commerce website, which is easy to use for retail sales, with product information and company history
• This business has a large database of loyal repeat customers and proprietary recipes
• It has an excellent reputation for delivering high-quality, consistent products at a fair price
• The facility has approximately 3,000 Square Feet of production, warehousing, retail, and office space

 ASSETS/FIXTURES/INVENTORY (Included in the Asking Price)

Furniture, Fixtures, and Equipment at a Fair Market installed value of $ 79,320

Inventory at Cost of $ 55,000

 LEASE:

The Buyer of this business has the option to obtain a lease agreement at the current location at the terms below,  or to relocate this business.

Gross Rent of $ 3,500 per month with a 3-year minimum lease term.  Tenant pays for all utility costs within the premises and all CAM costs

 SALES AND SDE                                

                      2021                2020               2019               2018

    Sales     $ 556,990       $ 496,315       $ 356,696       $ 372,152

SDE       $ 183,360       $ 125,582       $   76,405       $83,450

PRICE/FINANCING:

The Asking Price is $ 313,800

COMMENTS:

• An excellent opportunity for an individual or business to acquire a well-run, successful, and profitable turn-key food seasonings production and distribution operation. There is great opportunity to grow this business by expanding their presence in the Western NY market to other areas of the country by obtaining regional distributors to sell their products