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Sunday, September 05, 2010
Listing Details - WELL-ESTABLISHED BAKED FOODS MANUFACTURER
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WELL-ESTABLISHED BAKED FOODS MANUFACTURER
(Food Related, Bakeries-Commercial; Food Related, Bakeries; Food Related, Food Service Contractor)
WESTCHESTER COUNTY, NY - New York, Westchester
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
Yes |
| Listing ID: |
C67549 |
| Status: |
Active |
Listing Details
| Listed Price: |
$1,950,000 |
| Down Payment: |
$500,000 |
| Total Sales: |
$1,000,000 |
| SDE: |
$257,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$500,000 |
Included? Yes |
| Real Estate: |
$1,200,000 |
Included? Yes |
| Inventory: |
$2,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
RETIREMENT |
| Training: |
SELLER WILL COMPLETELY TRAIN |
| Financing Terms: |
ASSUMABLE $1.1 M SBA LOAN.
SELLER 2ND MTG POSSIBLE WITH GREAT CREDIT |
Operations
| Year Established: |
1909 |
| Last Acquired: |
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| Form of Ownership: |
S-CORP |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 11 / Part Time: 4 |
| Managers: |
1 |
| Hours: |
5AM- 10 AM MONDAY-SUNDAY |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
8000 |
| Facilities: |
THIS IS A STATE-OF-THE-ART BAKERY FACILITY . This Company has been in business for over 100 years located in Westchester county, NY. The company manufactures and distributes it's food products to over 40 restaurants,bakeries, delis and supermarkets.
The Company also has a retail store located in the front of it's plant.
THERE IS A $1.1 M SBA Loan that a qualified buyer can assume |
Summary
| Business Description: |
A 100 YEAR OLD BAKED FOODS MANUFACTURER AND DISTRIBUTER WITH A STATE-OF-THE-ART FACILITY . THEY MANUFACTURE AND DISTRIBUTE FOOD PRODUCTS TO OVER 40 RETAILERS, RESTAURANTS, BAKERIES, DELiS AND SUPERMARKETS. |
| Historical Summary: |
IN BUSINESS OVER 100 YEARS AND EXTREMELY WELL-KNOWN |
| Owner Qualifications: |
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| Competition: |
AN OBVIOUS LEADER IN THE FIELD. |
| Potential Growth: |
UNLIMITED WITH ADVERTISING AND MARKETING. THE COMPANY HAS NEVER ADVERTISED OR MARKETED IT'S PRODUCTS AND HAS ONLY GROWN BY WORD-OF-MOUTH.
THE GROWTH POTENTIAL IS HUGE. |
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