Popular Pet Food Brand with Manufacturing Facility

$ 1,600,000
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Overview

  • Updated On:
  • October 22, 2020
With a premium product line-up featuring dry pet food products, this company is a manufacturer of high-quality and healthy dog food.  Located in Eastern Nebraska 25 minutes from Omaha the company produces a unique veterinarian developed dry dog food that is 5 star rated by independent rating agencies.  Historically sold through breeders and kennel operations the company began shifting to traditional retailers focusing on grocery and farm surplus stores.

Business Highlights

  • Years in Business: 28
  • Service Area: 95% National, 5% International
  • Distributors:  200
  • Number of Direct Accounts: 30
  • Products: dog food (dry)
  • Property Information: Owned Manufaturing Facility in Nebraska with 6,500 sq ft of built-out office space and 12,000 sq feet of manufacturing and warehouse space, house on the property and an additional 10 acres of undeveloped land.
  • Employees: 2 FT, 2 PT
  • Seller Training Period: 90 Days
  • Growth Opportunities: Additional product lines, additional distributors, additional retailers, expanded global footprint

Financial Highlights

  • List Price: $1,800,000 (includes real estate)
  • Gross Sales:
    • 2018: $785,000
    • 2017: $695,000
    • 2016: $1,400,000
  • Cash Flow:
    • 2017-18 Average: $175,000
  • Assets Included in Purchase*
    • A/R: $30,000
    • Inventory: $280,000
    • Pipeline: $125,000-$350,000
    • Furniture, Fixtures, & Equipment (FF&E): $288,000  Replacement Value: $950,000
    • Real Estate: $815,000  Replacement Value: $3,200,000
    • Intangible Assets: Great customer interest in the products, unique offerings with less competition, all products are sourced and in production, unique customer base

*amounts may vary

State/County:
Country: United States
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Property Id : 18429
Price: $ 1,600,000
Revenue: $685,000
Cash Flow: $175,000
Furniture, Fixtures, & Equipment (FF&E): $288,000
Inventory: $165,000
Profit Margin: 50%
Employees: 4
Reason for Sale: Divestment
Franchise: No
Facilities: Owned: $815,000 Replacement Value: $3,000,000

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