Seller's Contact Information
- RE: Meat & Poultry Broker/Trader/Exporter To Caribbean
- Contact: Roberta Caputo
Quick Facts
Asking Price: | $2,199,918 | |
Annual Revenue: | $18,782,737 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $645,185 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 3 | |
BBN Listing #: | 6872344 | |
Broker Reference #: | 3839 |
Business Overview:
Established Meat Broker / trader / wholesaler specializing in proteins & sales of raw poultry and proteins to customers throughout Caribbean/ Central America / North America countries. The Company buys and sells meat from some of the largest producers of Raw Poultry in the USA (one of the top exporters of Poultry in the world), and has customers in numerous Caribbean/ Central America / North America countries whom they sell to. Predominantly, customers of the business are manufacturers, processors or distributors of the products who resell to other customers. As poultry is one of the lowest cost proteins available, demand for low cost proteins remains high when economic conditions tighten. The company has relationships with both customers & suppliers, and is set up to purchase directly from slaughter facilities around the country, enabling the company to compete with any other supplier in the space. The Company utilizes 3rd party shipping lines and storage facilities. The Company does NOT warehouse any products. The Company carries credit insurance & most receivables are insured (80%-90%), minimizing risk. The Company only accepts US currency, thereby mitigating exchange risks. Owner willing to consider remaining onboard / possibly rolling equity with the correct partner. Numbers are up to date, TTM from March 1st 2023 period - business continuing to grow.
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Market Competition and Expansion:
As COVID increased consumption of low-cost proteins, demand has increased. Growth Notes: As demand for the products sold by the Company has increased, as have sales of the Company. The Company has grown revenue from $12m in 2020 to over $17m in 2022. The Company has handled pork and can easily expand into other protein items, already having the relationships with both suppliers and customers for other items including but not limited to beef and seafood.
Reason for Selling:
tbd
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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