Location: New York
Listing ID: 1222021
This Business is currently in LOI and no longer available for new Buyers.
Family-owned pizza dough manufacturing plant located ~15 miles north of New York City, in business since 1910.
The company manufactures FRESH Pizza Dough – both regular and whole wheat and distributes the packaged dough to supermarkets in the North East. A portion of the business comes from FRESH bread delivery, which is being purchased daily from a local bakery and repackaged using the company’s private label. No baking is being done on premises with very little overhead.
The Dough is being prepared daily and sold to over 500 food supermarket chains using independent route owners.
The company is operated out of 5,000 sqft facility, which is currently used at 35% of its capacity. The real estate is available for sale at $1M, if purchased along with business. A sale of business and property is preferred.
Due to constant demand and great reputation within the industry, this Company has been generating steady revenue every year. During the COVID Pandemic the business remained opened and increased sales by 20%. More employees were hired since.
Gross Revenue: $2,800,000
FFE: $450,000 (Included in Price)
Real Estate: $1,000,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Training & Support:
Year Established: 1910
Year of Last Acquisition: 1990
Employees: 2 FT + 5PT + 9 Drivers
Monthly Rent: 9500
Type of Location: Industrial Building
Square Footage: 5,000 sq/ft
Real estate is also for sale.
No marketing or advertising is currently done, implementing such efforts will bring tremendous growth.