Food Related Businesses For Sale in Waterloo Iowa

Well established and respected supplier of high quality meat for resale to restaurants in eastern Iowa and to food distribution companies delivering products to customers in a five-state area. They sell beef pork, turkey and lamb – all naturally aged, hand-trimmed and vacuum packaged to seal in freshness and flavor. They package individually and in bulk to meet the specifications of the customer. This company is USDA approved and can sell anywhere in the U.S.

• Selling Assets: All office furniture and fixtures, retail meat coolers and freezers, food processing equipment, carts, racks, walk-in coolers and freezers, fork lift truck and delivery truck.
• Is Business Relocatable?: No.
• Is Business Home Based?: No.
• Franchise: NA
• Real Estate: 5,000 square foot building located on 1.5 acres with room to expand. Off-street parking available. 1,000 square feet of office space and 4,000 square feet of production floor space.
• Competition: There are no other custom meat processors in this area that service their main distributor. They have an exclusive relationship. The distributors covers a five-state area.
• Expansion: There is room at the current facility to double production with a second shift. There is room to double the building size on the current property.
• Years Established: Business was purchased in 1980 by the current owners, who were former employees.
• Employees: 8
• Trading Hours: Office open from 8 am to 5 pm. Retail store open from noon to 5 pm.
• Support Training: Two business partners are willing to stay on as needed for the new owner for 3-6 months.
• Reason For Selling: Owners are nearing retirement age (late 50's) and would like to spend more time with family and travel.
• Lease Terms: The business owners personally own the building, which is for sale with the business. They are currently paying themselves $60,000 per year in rent.