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#Business ID: 18194

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Wholesale Meat Exporter

Business Location: Nassau County, Nassau, New York, United States

Asking Price: $ 3,000,000 Revenue: $ 10,000,000 Cash Flow: $ 1,000,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

WHOLESALE MEAT EXPORTER FOR SALE. The company has been exporting animal bi-products for 39 years. While it primarily acts as an agent and works on a commission, from time to time they take possession of the products, when there are high profits for doing so. The company has a great reputation in the industry and has many loyal clients. The products they export include Kidneys, Livers and Tongues to several countries including Egypt, Russia and several countries in Africa.

THE COMPANY QUALIFIES FOR REDUCED FEDERAL TAXES UNDER THE DISC RULES.

Form of Ownership: S Corp

Historical Summary:
In business 39 years. Impeccable Reputation

Owner Qualifications:
Sales ability. MUST HAVE ALL CASH TO PURCHASE THIS BUSINESS.

Property Details

Years Established:

1972

Property Type:

Lease

FF&E:

$ 5,000

Inventory Value:

$ 300,000

Other Business Details

Business Location:

Lease Expire: 2015-12-31, Option: easy to renew, Lease Security: 0 Monthly Rent: $ 1,800, Square Footage: 900, Facilities: Simple office space in office building.

Competition:

The company is a leader and maintains a strong position in the industry.

Expansion Potential:

The company can be expanded by increasing the products that they sell in addition to increased marketing and sales focus.

Business Operation Details

Employees:

Full Time: 2l.

Trading Hours:

8AM-5PM M-F Owner Hours: 40.

Support & Training:

Seller will train and desires to stay on as employee.

Miscellaneous Details

Financing Available:

Yes
This is a stock sale-all cash - no seller financing - but the company qualifies for reduced federal taxes under the disc rules. Check the disc rules to see the amazingly low tax rates= equal to earning triple the stated net income.

Reason For Selling:

Retirement.

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