Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Food Shortening Manufacturing Company In Lake County For Sale

Lake County, Illinois, US
Asking Price:
$1M - $5M (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$785,000 (USD)

The Company manufactures shortenings using proprietary recipes and a proprietary process. This Company’s products are considered premium and their distributors sell their products to bakers all over the United States.

The Company is well positioned to provide a stable and profitable platform for growth. Utilization of the Company’s proprietary products and process provides an industry related company access to a well-established customer base and a premium product.

In 2018, the Company yielded $1,500,000 in revenue with SDCF of $800,000. The Company is on track to achieve $1,500,000 in revenue with $785,000 SDCF for 2019. The SDCF is based on a Strategic buyers view of cash flow on their existing platform. We are not interested in any financial buyers pursuit of this opportunity.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

N/A

Location:

Lake Forest IL

Premises Details:

12,500 sf. The company owns the building and property. The owner has commented that the buyer most likely will move the operations to an existing facility for a strategic buyer.

Size in square feet:
12,500

Business Operation

Expansion Potential:

passive owners

Competition / Market:

very few in this space

Reasons for selling:

The Company is for sale because of owners ages. They inherited the company and want to plan for the exit.

Trading hours:

Days and Hours of Operation: Office: Monday thru Friday, 8am to 3pm, Plant: Monday thru Friday, 7am to 3pm

Employees:
5
Years established:
1959

Other Information

Support & training:

Owners will stay with company post closing as long as they buyer wants.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

up to 10% of seller note.

Furniture / Fixtures value:
$1,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to EBIT Associates Ltd. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here