Custom Food Products with Growth Opportunity (17585)

Financial & Assets Details

About the Business

Business Description

Established in 2008, this unique, focused business specializes in meat smoking, assorted cheeses, and private-label canned goods. The primary categories of meats are smoked meats, pepperoni, ground beef, and lunch meats. Additional products include a wide variety of cheeses, beans, pickles, seasonings, produce, and candies. Private-label canned goods are offered in a variety of jams and jellies. The Company operates in a 400 square foot retail setting selling quality meats, cheeses, and canned goods. It maintains another 6,000 square foot area dedicated to production. Additionally, the company operates a wholesale food service and distribution division for convenience stores, grocery stores, restaurants, hotels and motels. Their service area expands across a large six county territory in West Virginia, including Nicholas, Webster, Fayette, Greenbrier, Summers, and Raleigh counties. The company’s primary focus is on volume buying of meats and cheeses to ensure the lowest consumer price. They are then able to add their unique touch and brand to all the products they offer. Their high brand awareness has allowed them to expand their distribution base, and earned them the ability to offer private-label canned products. Since its inception, the company has grown exponentially, with the majority of its revenues resulting from its unique offering of high quality meats at competitive pricing. In 2018, the Company’s total revenue was $1,318,643. Gross profits have steadily grown over the four years (2014 to 2018) from over one hundred and thirteen thousand ($113K) to over one hundred and forty-five thousand ($145K), resulting in an impressive increase of twenty-eight percent (28%.). They have proven to have a strong repeat customer business in its geographic market. The ownership believes that its quality, price, reputation, service, private-label canned goods and proliferation into the wholesale and distribution markets has attributed to continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion. Website development and e-commerce are well within reach for Jackson Meat Shop as it capitalizes on its solid foundation of sustained growth.

Seller Financing

Financing is negotiable for the right buyer.

Location Details:

Leased.

Support & Training

Owner Transition period of 12 months.

Reason for Selling:

Pursuing other interests.