WHOLESALE MEAT EXPORTER-
(Food Related, Food Processing/Distribution; Wholesale Distribution, Nondurable Goods)
Nassau County, New York
Listed Price: $ 3,000,000
Listing ID: XC7771219
Listing DetailsGross Revenue: $ 10,000,000
Cash Flow: $ 1,000,000
FFE: $ 5,000 (Included in Price)
Inventory: $ 300,000
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL TRAIN AND DESIRES TO STAY ON AS EMPLOYEE
Listing SummaryBusiness Description:
WHOLESALE MEAT EXPORTER FOR SALE. The company has been exporting animal bi-products for 39 years. While it primarily acts as an agent and works on a commission, from time to time they take possession of the products, when there are high profits for doing so. The company has a great reputation in the industry and has many loyal clients. The products they export include Kidneys, Livers and Tongues to several countries including Egypt, Russia and several countries in Africa.
THE COMPANY QUALIFIES FOR REDUCED FEDERAL TAXES UNDER THE DISC RULES.
Historical Summary:
In business 39 years. Impeccable Reputation
Owner Qualifications:
Sales ability. MUST HAVE ALL CASH TO PURCHASE THIS BUSINESS.
Competition:
The company is a leader and maintains a strong position in the industry.
Potential Growth:
The company can be expanded by increasing the products that they sell in addition to increased marketing and sales focus.
Financing/Terms:
THIS IS A STOCK SALE-ALL CASH - NO SELLER FINANCING- but the Company qualifies for reduced Federal taxes under the DISC rules.
CHECK THE DISC RULES TO SEE THE AMAZINGLY LOW TAX RATES= EQUAL TO EARNING TRIPLE THE STATED NET INCOME.
LocationLease Expire: 2015-12-31
Option: EASY TO RENEW
Lease Security: 0
Monthly Rent: $ 1,800
Square Footage: 900
Facilities:
SIMPLE OFFICE SPACE IN OFFICE BUILDING
OperationYear Established: 1972
Days & Hours of Operation: 8AM-5PM M-F
Owner Hours: 40
Employees: Full Time: 2
Absentee Owner: No