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Businesses for Sale in New York, New Jersey and Connecticut
Italian Sausage - Manufacturing & Wholesale
(Manufacturing; Manufacturing, Food/Kindred Products; Wholesale Distribution)
New York Area - New York, New York
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
No |
| Listing ID: |
73001 |
| Status: |
Active |
Listing Details
| Listed Price: |
$7,290,000 |
| Down Payment: |
$7,000,000 |
| Total Sales: |
$12,100,000 |
| SDE: |
$1,620,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$3,500,000 |
Included? Yes |
| Real Estate: |
$4,000,000 |
Included? Available |
| Inventory: |
$600,000 |
Included? No |
| A/R: |
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Included? No |
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| Reason for Sale: |
Relocation |
| Training: |
Seller is willing to work and/or train new owners |
| Financing Terms: |
Negotiable |
Operations
| Year Established: |
1966 |
| Last Acquired: |
1966 |
| 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: 70 / Part Time: |
| Managers: |
1 |
| Hours: |
5 days |
| Owner Hours: |
45 |
| Non-Owner Payroll: |
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Location
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Summary
| Business Description: |
The company is a manufacturer and a wholesaler of Fresh Italian Sausages,offering its customers a variety of fresh pork products such as sweet and hot Italian sausage,sausage patties and pork bracciole.The company operates under the strict supervision of the USDA with a regional USDA inspector on premises.SQF rated.
In addition to selling its products under its own brand name,the company sells much of its sausage under "private labels" to supermarkets and distributors.The company owns a fleet of refrigerated trucks to deliver their products .The company also utilizes common carriers when needed. The company has no sales force and performs no advertising or marketing,depending solely on its reputation of high quality and customer service.The facility is modern and clean .The production lines are well maintained and updated as needed.Frozen product capabilities.
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