Food Manufacturer/distributor For Sale

Established in 1993, this company has developed an outstanding reputation in the ensuing 17 years throughout the United States area as a leader/innovator in the Food Manufacturing/Distributing and Private Labeling industry. The company has produced and has successfully brought approximately 100 products to the marketplace in categories including, but not limited to, grocery, ready to drink beverages, frozen food, confectionary, and snack foods(corn and potato chips/extruded snacks). The company has strategically carved out a niche and capitalized in R 26; D and food manufacturing with a distribution channel of 300 plus stores. All procurement of raw materials and manufacturing is contracted with specialized companies throughout the United States that have been carefully scrutinized for quality and efficiency. Currently there are three product lines that will drive the projected gross revenues of 24;2.5 MM with seller92;s discretionary income of 500K for 2010. The company has an excellent relationship with the manufacturers and client with approximately 30 products completed with just this client alone. The manufacturer is paid net 30 days and the client pays net 7 days. Every product is carefully calculated to achieve a net profit margin 20%; plus. With approximately 1,000 formulas already completed or in development there is no ceiling for this company moving forward. This business is scalable through new product development, private labeling, and the company with its proven tack record can market to other company92;s and individuals looking to bring their products to the marketplace. Turn-key and well positioned for growth, this company with a 17 year history of strong revenues and profit is ready for the next level. The owner of the company has been very strategic in every aspect of the business from developing products that will net 20%; plus, choosing manufacturers and sourcing raw material companies nationwide that can produce quality and deliver on time, to choosing clients that are most profitable for the company and have great terms and pay on time. This is a great acquisition as an add-on to an existing Food Company/PEG that is looking for new products and distribution or to an individual that wants a scalable business with the potential of 10MM in gross revenues with a proven track record. For more information, please contact Adam Gilman at (310) 539-8300.