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Established Gourmet Food Manufacturer - $238,000 i for Sale in San Francisco Bay Area

Reference #: 41140997
Location: San Francisco Bay Area
Price: $649,000
Amount Down: $649,000
Revenues: $1,204,364
Discretionary Earnings: $226,169
Total Assets: $350,000
Business Description: Price at $649,000 this long established USDA/FDA Approved Food Manufacturer produces a line of gourmet products under their own brand for national distribution to hospitality and healthcare foodservice companies. The company also partners with several upscale, retail clients seeking to please their own discerning Bay Area customers.

Known for its product innovation, the Company will provide new product scale-up services to Fortune 100 food companies in concert with nationally known food product developers and marketers.

Founded in 1985, the company offers a unique depth of food sophistication resulting from a combination of high-end chef skills and experience, plus a deep knowledge of frozen food technology, food safety systems, and quality controls normally found only among much larger manufacturers.

Its state-of-the-art manufacturing plant is located on the San Francisco peninsula. The plant has over 6,000 square feet of manufacturing and warehouse space. A U.S. Department of Agriculture inspection approval has broadened the scope of production to include meat and poultry processing.

It is also FDA-inspected and all production is under a HAACP (Hazard Analysis and Critical Control Point) program.

Management is open to an outright acquisition where it would transition out of the business within an agreed-upon time period. During the transition time, the new owner(s) would be guided through the various aspects of complexity, specifically, U.S. government regulations. 

The company's greatest asset is its staff; great attention is paid to their training and retention. This combined experience and long term ‘group memory' will provide a valued resource of expertise for the new owner's continuing success.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.