This unique food manufacturing business located in South Texas has been in business for over 25 years with increasing sales revenue each of that past 3 years. The 2019 was a record year for the company in terms of revenue (up 3.8%) and bottom line cash flow. The business manufactures and distributes various lines of food products, which are primarily sold through Major Food Distributors to the food service and hospitality industry such as restaurants, schools, prisons, day cares, convenience stores, etc. along with a Major Grocery Store Chain. The plant is a USDA Federally inspected plant for food safety and has several health services licenses.
Food manufacturing is the process of taking edible raw materials and transforming them into food products that can be bought, sold and consumed immediately. The business has made significant investments recently in new production equipment to increase efficiencies and production capacity. The owner is selling for retirement reasons but is willing to work with the new owner for a meaningful transition period.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Contact Doug Scheiding at doug@bbofsa.com or 210-863-3684 for more information.
