Specialty Food Product Manufacturer for Sale

Not Disclosed, NJ

Mid Atlantic


Asking Price: Annual Revenue:
Not Disclosed $10,100,000

Manufacturing: Non-classifiable


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RE: Specialty Food Product Manufacturer for Sale Broker: Susan Rosner

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $10,100,000
Net Profit: Not Disclosed
Cash Flow: $1,183,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 64
BBN Listing #: 247429987
Broker Reference #: 14631414

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Business Overview:

This $9.1M specialty food manufacturer serves a broad range of customers, including restaurants and caterers, educational institutions, health care facilities, and food manufacturers. The company has a stellar 50-year track record of innovation and quality that has attracted a loyal following of customers. These loyal customers rely on this unique food manufacturer for healthy and flavorful products that can be produced and delivered in small quantities to ensure freshness. Standards of quality, innovation, and delivery flexibility are signature characteristics of this family-run business. The owners are seeking a strategic acquirer with like-minded values.

This company operated at a loss in 2020 as the worldwide pandemic severely impacted the food industry. Covid-19 continued to affect performance in 2021, although performance has continued to improve each month. The first three months of 2022 have demonstrated a strong rebound in revenue. In addition, the owners are focusing on pricing and expense strategies that will see profit margins increase as revenue returns to 2019 levels and beyond.

*EBITDA of $1,183,500 is projected for 2022
* Gross Revenue of $10,100,000 is projected for 2022

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Property Features and Assets:

48,700 square foot manufacturing facility, on approximately 6 acres. USDA-inspected manufacturing and distribution facility includes production areas; dry, chilled, and frozen storage; customer service; and executive offices. This state-of-the-art facility can be expanded to accommodate growth.

Market Competition and Expansion:

The acquisition of this business poses an excellent opportunity for a strategic acquirer that is looking to add-on this specialty line and expand its manufacturing capacity in the Mid-Atlantic.

Reason for Selling:

Two owners wish to retire. The third will stay.

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.

Relevant Links:

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