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Quick Facts
Asking Price: | $1,300,000 | |
Annual Revenue: | $1,158,264 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $112,125 | |
Total Debt: | Not Disclosed | |
FF&E: | 336,986 | |
Real Estate: | $616,951 | |
Year Established: | 1992 | |
Employees: | 18 | |
BBN Listing #: | 74534955 | |
Broker Reference #: | 5401-17356 |
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Business Overview:
Owned since 2003, this successful USDA inspected meat processing plant / butcher shop provides retail re-sale, custom slaughter (approximately sixty private label clients), some grocery, and services certain catering opportunities. This business's loyal following draws from more than a sixty mile radius. This business has been at its current location for over 11 years.
As an organically certified and animal welfare approved operation, this business has leveraged their good name, customer loyalty, and commitment to excellent customer service to ensure continued success in the future. This business has a strong backlog and is poised to provide the next owner with future revenues. This business has thrived during and remained essential throughout the Covid pandemic. Over the past 3 years, revenues have increased by thirty-nine percent! 2022 sales through September are almost even with 2021 full year sales.
The next owner can expect a seller that is committed to assisting in a successful transition. Depending on the buyer's skill set and needs, the seller can assist in a transfer period for a reasonable extended period of time.
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Property Features and Assets:
This facility is adequate for current demand and future growth. Property card information and photos are available for qualified buyers. Annual occupancy expense is currently $34,400. This business occupies and operates out of three 'downtown' businesses in-line. In 2008 one building was rebuilt / remodeled. The buildings are heated with Geothermal heat. Assets = $1,112,026
Market Competition and Expansion:
There is competition in the market place. With that said, this business does have a competitive advantage that will be shared with qualified buyers. There is good potential for growth in both the processing and retail part of the business. This business currently services sixty private label clients. Currently, this business services SD, MN, and ND clients.
Reason for Selling:
The sellers are ready to retire.
Additional Details:
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