Business for Sale Overview:
This business offers a unique opportunity to acquire a proven innovator with a reputation for creating ground-breaking solutions for the food industry. This company has recently adapted its own solutions – used successfully in the poultry industry for years – for one of the top-three red meat processors in the world, and has been told that its systems will “change the way red meat is processed across the globe.” One client estimates savings from reductions in labor and down-time after installing this company’s equipment in domestic plants only, at over $100M a year; the company is now retrofitting the first of several U.S. facilities for this client.
Established in 1994, this custom metal fabrication business specializes in designing stainless steel food processing equipment for the meat and poultry industry, and is recognized as a market leader in the controlled infeeding and storage of raw product. Fortune 500 companies rely on this well-known and respected niche player for engineered reliable, custom-designed infeed systems for all types of applications. The company’s patented solutions to labor intensive issues have been quietly revolutionizing the meat processing industry, and saving its customers tens of millions of dollars since its first patent was issued in 1995.
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Property Features and Assets:
This business is located in a new and expanding industrial park that was developed by municipal planners. Two primary facilities – both with office space – are housed in approximately 40,000 square feet under roof, and sit on eight acres of highway frontage property.
Market Competition and Expansion:
Competition: This business has three primary competitors in the south central United States. However, none of these companies offer competing patented equipment solutions to the food processing industry at this time.
Growth/Expansion: Sales for this business could increase exponentially with the creation of a dedicated sales force. To date, the company has been focused on R&D and designing custom solutions for its clients on demand; sales and marketing efforts have been left to the owner and one key employee. The majority of the company’s sales come from referrals. There is also enough space at the existing facility to triple capacity, if needed. The business is located in a region that has easy access to a well-trained labor force for additional hiring.
Reason for Selling:
Retirement and business expansion
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.