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Thursday, April 17, 2014

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Meat Market

Bite into this opportunity. Net income shown based on reported sales. Seller will verify all income. The only idependently owned meat distributor in Las Vegas, NV is for sale. This 28 year old, highly reputable meat distributor is one of nine local USDA approved meat inspection plants that processes meat for hotels, restaurants, bars and institutions. The only plant in Las Vegas that cuts and prepares fresh meat on premises. Also the only plant in town to serve the fast growing Hispanic market. Seller guarantees faster delivery than conglomerate competitors. Long-term loyal customers and suppliers. Excellent management in place that will stay on with Buyer. Gross revenue from 2010-2012 annualized averaged $6.9m, with about 75% wholesale, 25% retail. Asking price is $1,300,000 plus accounts receivable and inventory on hand at close (~$300k). Seller will carry 30% of the purchase price for a qualified Buyer. Seller owns the real property and prefers to lease it, but would also consider an outright sale of it as well.

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