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Business For Sale
SPECIALTY CHEESE COMPANY IN MID-OHIO
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Asking Price: |
$695,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Non-classifiable
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Reason for Selling:
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Retirement of Current Owner after 35 years. |
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Year Established:
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1953 |
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Yearly Revenues:
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$1,500,000 |
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Yearly Cash Flow:
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$165,000 |
Business for Sale Overview:
Family Owned (2nd generation) well established Swiss Cheese producing company with real estate property located in Central Ohio for sale. Company has enjoyed a steady record of sales (2007 Sales were $1.5 million), has state of the art equipment and a solid reputation for quality products. Potential for diversification into other types of cheese (e.g. Brick Cheese, Baby Swiss, Lacy Swiss, Farmer Cheese, Gouda, Butter Cheese) as well increasing retail sales exists for the proper buyer. Real Estate property includes two homes along with the production facilities of the company. The Real Estate is being offered by RE/MAX Traditions of Chagrin Falls, OH.
Property Features and Assets:
Cheese Production Plant occupies 4,400 square feet. There are also 2 houses on the land owned by the company (one of them is being rented out.) All these are included in the sale price. The Real Estate is being offered by RE/MAX Traditions of Chagrin Falls, OH.
Market Competition and Expansion:
While the cheese section of the food industry in competitive like most of the segment of the Food Industry, this company is enjoying healthy demand for its quality product. Further, the new buyer could expand (a) into the production of more Value Added products with branding potential, (b) expand the the retail side of the business that is currently grossly under-mined by its current owners and (c) take advantage of specialty marketing initiatives including organic products, gift basket related sales as well internet sales.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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