Tupelo Data Room
Food & Related products
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Immediately Scalable Frozen Food Manufacturer & Co-Packer

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Asking Price$3.70m
Revenue$5.39m
EBITDA$692k
Cash Flow$868k
Description
A historic, family-owned frozen food manufacturer has reported over $16 million in sales over the past three years, with an average Seller's Discretionary Earnings (SDE) of $1,141,431. The company operates out of a 27,668-square-foot facility, boasting certifications from the USDA, FDA, and HACCP. The facility includes 5,400 square feet of finished, certified production space poised for expansion, and a 9,700-square-foot warehouse equipped with a complete mechanical infrastructure also ready for expansion. This profitable, turn-key operation is primed for immediate growth, supported by a strong client base and numerous expansion opportunities. The company excels in crafting unique appetizers, offering a fresh take on beloved classics. It produces artisanal frozen products, primarily concentrating on appetizers, the co-packing of frozen goods, and frozen pizzas. The enterprise partners with and provides specialty foods to an extensive array of restaurants nationwide. Co-packing represents 90% of its sales, with the rest attributed to retail and food service clientele. The Advantages of Co-Packing: • Comprehensive Service: Includes manufacturing, packaging, warehousing, and order fulfillment. • Brand Customization: Affix your brand's logo and market the product as your own. • Economies of Scale: Co-packing offers scalable production without the hefty overhead of operating a factory or warehouse, enhancing our clients' operational efficiency and profitability. • Enhanced Food Safety: Prioritizing food safety, we allow manufacturers to shoulder the responsibility, freeing you from the worry. The building features include four loading dock doors, two drive-in doors, a test kitchen, meeting/conference rooms, office space, and ample parking. The company prides itself on a stable workforce, high retention rates, and the ease of recruiting additional production workers when necessary. The building is included in the transaction. The business is ready for the next phase of growth, with facilities already equipped for USDA and FDA processing, which allows for the quick introduction of a variety of handmade food product lines. There are endless opportunities for adding value. Additionally, a Private Label product line is set up for distribution. Please use the following link to sign NDA and coordinate a call
Real Estate
$3.70mNot Included in Asking Price
Building Size: 27866 sq. ft.
Furniture Fixtures & Equipment
$441k
Inventory
$100kIncluded in Asking Price
Number of EmployeesFull-Time: 35
Year Established
2008
Reason Selling
Retirement
Facilities & Assets
27,000-square foot, USDA, FDA and HAACP certified facility with 15,000 sq ft capacity for growth and scalability. Turn-key opportunity for a highly profitable business poised for immediate growth.
Support & Training
Owner willing to transition and stay on in a strategic capacity.
Market & Competition
The frozen food market is on a growth trajectory, fueled by changing consumer preferences, technological advancements, and the need for convenient food options. Handmade is the differentiator against automated manufacturing processes.
Asking Price$3.70m