Food Packing And Distribution Business
Location Idaho,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1620000
Net Profit / Cash Flow $347000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1960
Number of Employees 35 - 49
Inventory 805000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Retirement.
Description The company is primarily engaged in the packaging of onions for resale. The company employees 45 to 60 full and part time people during peak season. There are at least 5 key employees that are critical to the operations of the company.
Sellers have owned the company since 1999. In 2006 the company reached a high gross sales of $6,510,000 and has consistently averaged approximately $2,815,000 over the past 5 years.
The operation has a normal capacity for packaging between 500,000 and 700,000 bags each year. However, in the past the plant has processed as much as 1 Million bags in a year. The sellers are approximate 60 years old and are looking to retire from the business.
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