Owner Financing is Available
Business for Sale Overview:
2010 Sales are on target for over $19 million, a 9% increase over 2009! The profitability of the business supports an SBA loan with 25% down, however, in order to qualify for this loan The buyer must have some industry experience. This is an excellent wholesale, retail and sausage production facility located in East Central Michigan. Retail grocery contributes 40% of gross revenue, and offers a full service deli including prepared foods, as well as fresh sausage and bakery items made in house. Pricing of meats are very competitive given this store ability to buy directly from the major meat processors, this aids in staving off competition from the big boxes the closest being 15 miles. The wholesale meat operation contributes over $11 million in sales with 4 trucks delivering in a 100 mile radius. The meat production facility offers sausage products, hams, bacon, jerky, and other related items. The facilities and equipment are well maintained and in good condition. All property is included in the offering price. This business is located in a rural area about 2 hours North of Detroit Metro area. This business continues to grow, 2008 sales were up nearly 10% over 2007, 2009 sales were up slightly over 2008, 2010 sales YTD are up about 9%.
A confidentiality agreement must be signed and proof of financial ability to purchase this business must be provided before further information is released to the prospective buyer. Contact Glen Toadvine at MarketPoint Associates for further information, glen@mpabrokers.com.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Approximately 32,000 Square Feet, property included in the asking price,
Market Competition and Expansion:
Many opporotunities to expand market area and/or product offerings.
Reason for Selling:
Retirement
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.