Tuesday, 12 September 2017

Meat Processing Company (SW USA)



Business Description:
Over 55-year-old USDA certified meat processing company, located in a large city in the southwest, processes boxed meats sold to distributors who primarily target the ethnic and underserved communities. There are no salesmen and there is no website.

Distribution:
Approximately 30% of their products deliver to companies providing meals for their blue-collar workers. The company supplies products to both large distributors and small independent distributors.

The company has an impeccable reputation for honesty and fair dealing. The quality of their products is undeniable. They have a seasoned Manager, and own the real estate – 14,500 square feet building, USDA certified & 100% debt free.

The Transaction:
The two owners have health issues & wish to exit.

Financial Summary (Fiscal Year Feb. thru January)

2017 YTD
2016
2015
2014
Revenue
$4.0MM
$8.3MM
$9.0MM
$8.7MM
Adjusted EBITDA
$538,448
$907,748
$988,474
$654,121
EBITDA % to Revenue
13.4%
10.9%
10.9%
7.5%

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Southwest
Yes
Yes
50+
5142





Direct All Inquiries to:

Gottesman Company
Refer to:  S-2947-2 AJR
Tel: 212-330-8010     Fax: 646-434-4557