Contract Food Manufacturer w/Catering & More - Property Available!

Los Angeles, CA (Los Angeles County)

Contract Food Manufacturer w/Catering & More - Property Available!
Contact Seller

Asking Price: $1,000,000

Cash Flow: $350,000

Gross Revenue: $4,200,000

EBITDA: $350,000

FF&E: $0

Inventory: N/A

Real Estate: $4,500,000*

Established: 2000

*not included in asking price.

Contract Food Manufacturer w/Catering & More - Property Available!

Save Print Share Valuation Report

Business Description

Several Opportunities for Growth Available

This established food manufacturing operation is a multifaced one. The business’s several divisions include contract food manufacturing, specialty food and beverage co-packing, catering and delivery, rental services as well as product development, testing and packaging. Amongst other things, the bourgeoning enterprise offers cooking demonstrations and kitchen, equipment and warehouse rentals. The facility’s comprehensive build-out (approx. $1 ml.) provides it remarkable versatility and efficiency. Perhaps most importantly, the company has a loyal team of seasoned management and dedicated staff that diligently oversee each aspect of the complex operation and its related logistics. Rigorous systems and documented procedure manuals were developed years ago and are adhered to in order to ensure operational efficacy.

Please note that the $4.5 million property will not be sold without the business, though the $1.0 million business may potentially be sold without the property and the owner remaining the landlord. As potential lease rates will be a function of a variety of factors, they are not being stated at the outset.

Detailed Information

Location:
Los Angeles, CA
Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
25
Facilities:
The roughly 10,000 square foot manufacturing plant has no shortage of food production and preparation space, a showroom, packaging area, formulation lab, operations and logistics center, meeting rooms and management offices. The kitchen boasts nearly 50 feet of hood space, set-up to be reconfigured as required with interchangeable equipment as well as 3 coolers ranging from 10’ x 20’ to 20’ x 30’ cooler that can accommodate a forklift and pallet, a 20’x10’ cooler and a 20’x10’. The business leases a 6,500 square foot warehouse facility that can accommodate up to 300 pallet positions that can be accessed with a scissor lift and electric forklift.
Competition:
Competition exists on several different levels for each line of business. Large and small catering companies with varying degrees of food delivery services or equipment rental components abound throughout Southern California. Similarly, an array of pre-permitted or permit ready commissary and commercial kitchens exist, as do food labs, incubators and product development specialists. Finally, while co-packers with varying specialties and abilities are omnipresent, its remarkably uncommon to find all of these under one roof with significant excess capacity and every growing demand!
Growth & Expansion:
Customer demand trends have somewhat dictated the firm’s development. This has culminated in the enterprise becoming somewhat of a co-packer cum food-incubator with a significant ‘mind share’ presence within Southern California’s community of food and beverage innovators and trendsetters. New operators may take this operation in any number of directions. They may focus on any one or more successful components of the current business or they may concentrate on the company’s latest customer-embraced iteration as a burgeoning food and beverage service accelerator. In this capacity, the firm assists new companies in every step of recipe development, testing and certification, labeling, packaging and in some cases, direct delivery / third party distribution. As the kitchen operates at under an estimated 25% capacity the opportunity may also be ideal for an existing manufacturer that wishes to take their third-party manufacturing in-house, or to relocate an existing facility or expand via a new one.
Support & Training:
Seller will train for 4 weeks at 20 hour per week or as negotiated.
Reason for Selling:
Personal
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1827321

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Five Star Painting

Franchise Opportunity In CA
Cash Required: $50,000