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Leading Supplier for Supermarkets, Meat & Specialty Markets!

Location: Fort Wayne, Indiana  flag
Industry: Wholesale/Dist. Businesses, Nondurable goods

Asking Price
$ 2
Annual Revenue
$ 3
Annual Profit
$ 435,000
FF & E
$ 225,000
Inventory
$ 300
Year Founded
1960
Number of Employees
10-50
Website
Reason For Selling
Retirement planning
This business is not relocatable.
This business is not home based.

Description of Business

Founded in 1960 this company has grown from a 2 person business started in a garage to the leading supplier of smoke cooking and meat processing equipment, seasonings, and butcher's supplies in the Tri-State area. In 1978 the Company started selling indoor high speed smokehouses to the meat processing industry in IN & OH. In 1978 they assumed responsibility for Michigan as well. In 1992 they started their seasoning and ingredient program. In 93 they they developed a route sales and delivery system to sell seasonings, packaging materials and butcher's supplies to the trade. The route truck currently services the entire State of IN and much of OH with scheduled delivery every 6 weeks. The customer base includes meat processing plants and specialty meat markets which are usually owner operated. Institutional accounts include 2 of the larges Universities in the Midwest. Their attention to detail along with commitment to service have enabled the company to steadily grow their customer base. Their ongoing strategy has been to identify individual customer needs and respond quickly. Whether it is keeping lead times short, or performing value added services, the company focus has been to become the preferred supplier.

Property Information:

The facility includes 11,200 sq. ft. with convenient off-street parking. Includes a warehouse, service department, testing facilities, test kitchen, offices, and two loading docks. All aspects are very well maintained.

Competition and Growth Potential:

Within 200 miles there are 4 competitors. 2 are significantly smaller, 2 are larger. Subject company dominates its targeted marketplace.

Financing Options:

This is an ideal SBA transaction.

Support and Training:

Both partners are willing to stay on for up to 2 years.

Seller Details:

Julie Replogle
260-432-3000

Midwest Business Brokers, Inc.

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