71337- Meat Broker
For Sale in IL
Financial & Assets Details
About the Business
Business Description
Operating from its headquarters in the Chicago, Illinois area, the Company is an introductory meat broker specializing in the commerce of food products for suppliers and processors. The Company’s primary products include boneless beef and other beef products for national chain restaurants and other distribution operations. Also, the Company has an additional operating division specializing in commodity trading that is run by the Vice President of the firm. Revenue Breakdown by Market: Meat processors- 35-40%, Other distributors- 20%, Independent Rep NZ & Australia - 20%. The Company operates from a 650-square foot facility, which it leases from a third party. Offering these services requires an office with high-speed internet, business-centric telephone lines, and trained personnel with industry experience. The Company has a proven track record, supported by its longstanding reputation it maintains with its customers. With its niche range of services, the Company’s marketing efforts focus on targeting meat processors, distributors, and international sales representatives. Revenues have been steady, over the past 5 years, due to a good-standing client list and long-term industry relationships. Last year, the Company’s total revenue was $419,307 with an EBITDA of $108,395. 2017 Projects $500k Revenues. With a well-established customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Stock-Sale Preferred. No long-term debt. $200k A/R and $25k Cash INCLUDED in asking price!
Seller Financing
negotiable for the right buyer