Manufacturer&Distributor of Pasta in Norfolk-31429

Not Disclosed, VA
Norfolk City County

Asking Price: Annual Revenue:
$1,850,000 $1,200,000

Manufacturing: Non-classifiable

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RE: Manufacturer&Distributor of Pasta in Norfolk-31429 Broker: Steven Mencini
Owner Financing is Available!
$1,387,500.00 Down & $462,500 @ 6% for 36 Months - Negotiable.

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $280,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 60584447
Broker Reference #: 31429

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Business Overview:

This unique long time manufacturer and distributor of anything Pasta is looking for a new owner. They Manufacturer, Package & Distribute Yock Noodles, Fresh Lo Mein, Wonton Wrappers, Egg Roll Wrappers, etc... and have a wide variety of clients including Chain Stores, Walmart as well as Amazon. They also work with different Wholesale Companies and they deliver to local Oriental Restaurants & Convenient Stores just to mention some of their local accounts. They have virtually no competition in the nation and the market is unlimited especially if the next owner utilizes the internet which the current owners have not gone in that direction. The owner is willing to share more information once they meet with a prospective buyer for this fantastic opportunity and will negotiate the price and down payment only with the right buyer. Also the owner may entertain a partnership if the right person comes along. The benefits of owning this business are many but just a few to mention here, a well established name in the industry, virtually no competition and a fantastic current owner willing to work with the next owner to continue on with the rich tradition of the business. An equipment list is available upon request. Please contact the broker for more details.

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Reason for Selling:

Other Opportunities

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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