Growing Perishable Prepared Food Manufacturing Co

Springfield, MO
Greene County

Home-based business, close to its customers


Asking Price: Annual Revenue:
$217,000 $345,038

Food & Beverage: Catering, Food Preparation


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RE: Growing Perishable Prepared Food Manufacturing Co Broker: Jerry Myers
Owner Financing is Available!
Sellers will consider providing some seller financing if required by the SBA lender.

Quick Facts

Asking Price: $217,000
Annual Revenue: $345,038
Net Profit: Not Disclosed
Cash Flow: $96,896
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 436034791
Broker Reference #: 42500017

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Business Overview:

Highlights of Business
• Business is well established, steadily growing each year, and nicely profitable
• Sales are up substantially this year over last year
• Owners only work 3 ½ days each week – Monday through Thursday morning
• Business employs only 1 part-time employee
• There is very substantial upside potential
• Virtually no inventory is required
• Clean books and records
• Sellers will train
• Business qualifies for SBA financing, which means lower down payment and longer terms
• Seller will sign a non-compete agreement

History/Operations of Business
The owners started the business in 2006. They each work approximately 32-35 hours each week, Monday through Thursday morning. They are off Thursday afternoon, and Friday through Sunday.

The sellers of this business are representing that the Discretionary Earnings (also known as Normalized Cash Flow or Total Owner Benefit) of the business was $96,896 for 2021 and that they can prove it to a buyer and their accountant’s satisfaction. That amount is after deducting the estimated replacement cost for one of the two owners.

Summary
This is a well-run business with good profitability, relatively easy to operate, and which is priced attractively, so it will sell quickly.

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Property Features and Assets:

This is a home based business, operated from a 576 square feet building behind their home.

Market Competition and Expansion:

There is one local competitor. The sellers believe that sales would be dramatically impacted by adding any amount of marketing. They are at or near capacity at their current manufacturing facility, so they currently do no marketing.

Reason for Selling:

Retirement

Additional Details:

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

Documents:

Relevant Links:

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