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- RE: Wholesale Food Manufacturing
- Contact: Bill Kraemer
Quick Facts
Asking Price: | $130,000 | |
Annual Revenue: | $160,115 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $43,500 | |
Total Debt: | Not Disclosed | |
FF&E: | $2,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | Not Disclosed | |
BBN Listing #: | 984837 | |
Broker Reference #: | 8705 B.K. |
Business Overview:
TYPE OF BUSINESS: Wholesale Food Manufacturing business specializing in producing a variety of high-quality ingredients assembled on-site and sourced from local farmers across Minnesota and Wisconsin. This business was established in 2014 and offers a delicious, nutrient-packed product made from a blend of wholesome ingredients, carefully crafted to provide customers with a healthy and satisfying option. Serving key markets in Minnesota, Wisconsin, North and South Dakota, Iowa, Kansas, and Michigan, the company has established retail relationships with top grocery chains such as Lunds & Byerly’s, Kowalski's, and Cub Foods to name a few. Utilizing a reliable distribution partner to supply products to these retailers, the business operates as a turnkey model with a proven track record and is positioned for significant growth. With tremendous expansion potential into additional major food markets, this business offers a solid foundation and exciting opportunities for new ownership.
FACILITY: This business has a favorable lease and is located in a 2,000 sq. ft. fully equipped shared commercial production kitchen with all necessary manufacturing equipment. The kitchen is inspected by the MN. Dept of Ag, located in the metro area. Monthly rent is $2,173.
EMPLOYEES: The owner works approx. 30 hours per week, spouse works about 4 hours per week. They take about 13 weeks off per year for vacation.
GROSS SALES: Gross sales for 2024 were approx. $160,115. Cash flow to an owner-operator was approx. $43,500. Gross sales in 2023 were $176,227. Cash flow to an owner-operator was approx. $39,947.
ASKING PRICE: The owner is asking $130,000 for the business; this includes $3,500 (cost) in inventory, and the value of the equipment, furniture, and fixtures is about $2,000. Note: The landlord owns all large kitchen equipment. They bought a large amount of packaging (bags and boxes) valued at approx. $11,000 that is not included in the asking price.
REASON FOR SALE: Retirement.
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Property Features and Assets:
This business has a favorable lease and is located in a 2,000 sq. ft. fully equipped shared commercial production kitchen with all the manufacturing equipment necessary. The kitchen is inspected by the MN. Dept of Ag, located in the metro area. Monthly rent is $2,173.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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