(ON PAUSE) Pizza Dough Manufacturer – Recession Proof Business, Higher Revenue During COVID19 Crisis
Price: $2,200,000
Location: Westchester County
Industry: Manufacturing
Listing ID: 1066
The sale of this business is currently on pause per Seller’s request but it will resume in the near future.
This Third Generation Pizza Dough manufacturing plant established in 1910 is located in Westchester County. Opportunity for EASY SCALABILITY!
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 and repackaged using the company’s private label.
No baking is done on premises with very little overhead.
The Dough is being prepared daily and sold to over 500 large supermarket chains using independent route owners.
The company is operated out of 5,000 Sq Ft facility which is currently used at 35% of its capacity. Separately, sellers also prefer to sell COVETED real estate below market value at $1mm.
Note, they have doubled their revenues in light of COVID19 crisis. Change in peoples mindset of dining out and the inevitable permanent closures of neighborhood restaurants even after the crisis will keep sales higher than in the past for the foreseeable future.
Listing Details
Gross Revenue: $2,134,169
EBITDA: $589,000
FFE: $350,000 (Included in Price)
Real Estate: $1,000,000
Reason For Sale:
Retirement
Training & Support:
Seller will provide
Operation
Year Established: 1910
Days & Hours of Operation: 6 days, 2am-6am
Non-Owner Payroll: $130,000
Employees: 4
Location
Monthly Rent: 9000
Square Footage: 5000